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Results tagged with pareto-distribution
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user 13138
The Pareto distribution is a power distribution which was initially invented to describe the distribution of income but has found application in many other areas.
3
votes
How to get Pareto IV parameter estimates
First install package VGAM. After instalation, use library command to load it. Then fit and estimate like this:
> library(VGAM)
> #Generating a sample data
> pdata <- data.frame(y = rparetoIV(2000, s …
- 7,584
5
votes
Fitting data in a generalized Pareto distribution and parameter estimation
In addition to the package gPdtest that COOLSerdash mentioned, you can also use function pargpa in package lmomco. Here, the L-moments of data are applied to estimate the parameters. Here is an exampl …
- 7,584