Complognormal: An R package for composite lognormal distributions

Abstract

In recent years, composite models based on the lognormal distribution have become popular in actuarial sciences and related areas. In this short note, we present a newR package for computing the probability density function, cumulative density function, and quantile function, and for generating random numbers of any composite model based on the lognormal distribution. The use of the package is illustrated using a real data set.