generate_pareto

sample_size

shape

scale

<p>This function is able to generate random Pareto distributed data with 
the specified <code>shape</code> and <code>scale</code> parameters. The function 
has been written to be similar in type to the popular runif and rexp type 
of functions for generating data from a particular distribution.</p>

Various estimation methods for the shape parameter of Pareto
distributed data. This package contains functions for various estimation
methods such as maximum likelihood
(Newman, 2005)<doi:10.1016/j.cities.2012.03.001>,
Hill's estimator (Hill, 1975)<doi:10.1214/aos/1176343247>,
least squares (Zaher et al., 2014)<doi:10.9734/BJMCS/2014/10890>,
method of moments (Rytgaard, 1990)<doi:10.2143/AST.20.2.2005443>,
percentiles (Bhatti et al., 2018)<doi:10.1371/journal.pone.0196456>,
and weighted least squares (Nair et al., 2019) to estimate the shape
parameter of Pareto distributed data. It also provides both a heuristic
method (Hubert et al., 2013)<doi:10.1016/j.csda.2012.07.011> and a
goodness of fit test
(Gulati and Shapiro, 2008)<doi:10.1007/978-0-8176-4619-6> for testing for
Pareto data as well as a method for generating Pareto distributed data.

Pathum Kossinna

ptsuite

Tail Index Estimation for Power Law Distributions

Ranjiva Munasinghe

Dovini Jayasinghe

Dilanka Wijeratne

generate_pareto function

Generating data from a Pareto Distribution. — generate_pareto

Generating data from a Pareto Distribution.

generate_pareto: Generating data from a Pareto Distribution.

Description

Usage

Arguments

Value

Examples