Triangular Distribution
You may wish to use a TRIANGULAR distribution in some cases, as a rough approximation to a random variable with an unknown distribution.
A TRIANGULAR distribution is specified by its minimum, maximum and mean values. It does not have to be symmetric and can be skewed either to the left or right by entering a mean value greater than or less than the average of the minimum and maximum values.
Minimum = a, maximum = b, mode = c. For a symmetric distribution, mean = mode
Notes:
For a non-symmetric TRIANGULAR distribution, the mean value is not equal to the mode. The mode is the value of the variable at the peak of the TRIANGULAR distribution. The mean of a TRIANGULAR distribution has the following behaviour:
- In general, the mean of a triangular distribution is always given by:
- If the distribution is symmetric, then the mean is equal to the mode.
- For a left triangular distribution, the mode = minimum, and the mean = (2*minimum + maximum) / 3.
- For a right triangular distribution, the mode = maximum, and the mean = (2*maximum + minimum) / 3.