We investigate the acoustical characteristics of the Chinese transverse flute, the dizi, employing input impedance measurements, modeling and analysis. The input impedances for various fingerings of a bangdi in the key of F, a particular type of the dizi, are measured and compared to models using both the transfer matrix method and the Transfer Matrix Method with external Interaction (TMMI). In order to get more accurate modeling results, we provide specific transfer matrices for the unique components of the dizi, such as back end-holes, membrane hole and upstream branch. The matching volume length correction for holes drilled in a thick wall is also derived. Comparative analysis of modeling and measurement data validates the improved accuracy of TMMI, confirming the influence of radiated sound from closely spaced toneholes.