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.