A New Class of Generalized Probability-Weighted Moment Estimators for the Pareto Distribution

Estimation based on probability-weighted moments is a well-established method and an excellent alternative to the classic method of moments or the maximum likelihood method, especially for small sample sizes. In this research, we developed a new class of estimators for the parameters of the Pareto t...

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Bibliographic Details
Main Authors: Frederico Caeiro, Ayana Mateus
Format: Article
Language:English
Published: MDPI AG 2023-02-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/11/5/1076