Is there a way to make random draws from a lognormal distribution with a skewed shape parameter?
There are a few questions currently leaving something to be desired on the same topic here & here.
I'm currently using scipy.stats.lognorm
. This accepts shape, scale, and location. So, location is the mean (expeceted value), scale is the standard deviation (or spread of the dist), and shape is the skew (?).
How is the skew, typically γ, incorporated into this distribution? Now I can currently only get results with
s=.998
and lognorm(s)
, but s
is restricted to be in (-1,1)
, when my skew parameter is -2.33.