Efficient estimation in the Pareto distribution |
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Authors: | UJ Dixit M Jabbari Nooghabi |
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Institution: | Department of Statistics, University of Mumbai, Mumbai, India |
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Abstract: | The maximum likelihood estimation (MLE) of the probability density function (pdf) and cumulative distribution function (CDF) are derived for the Pareto distribution. It has been shown that MLEs are more efficient than uniform minimum variance unbiased estimators of pdf and CDF. |
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