CITAN (version 2011.08-1)

pareto2.zsestimate: Estimation of parameters for the Pareto-II distribution (MMSE)

Description

Finds the MMS estimator of the type II Pareto distribution parameters using the Bayesian method (and the R code) developed by Zhang and Stevens (2009).

Usage

pareto2.zsestimate(x)

Arguments

x
a non-negative numeric vector.

Value

  • The list with the following components is passed as a result: ll{ k the estimated parameter of shape. s the estimated parameter of scale. }

References

Zhang J., Stevens M.A., A New and Efficient Estimation Method for the Generalized Pareto Distribution, Technometrics 51(3), 2009, 316-325.

See Also

dpareto2, pareto2.goftest, pareto2.mlekestimate, pareto2.mleksestimate