mleAL: Maximum Likelihood Estimation of Asymmetric Laplace Distribution
Description
This function estimates the parameters of an asymmetric Laplace distribution for a sample.
Usage
mleAL(x)
Arguments
x
a numeric vector.
Value
an object of class list containing the following components:
m
location parameter
sigma
scale parameter
tau
skewness parameter
r
number of iterations
References
Yu K and Zhang J (2005). A three-parameter asymmetric Laplace distribution and its extension. Communications in Statistics-Theory and Methods 34, 1867--1879.