Skip to main navigation Skip to search Skip to main content

Estimating the Parameters of a Tapered Pareto Distribution

  • M. Vaičiulis
  • , N. M. Markovich

Research output: Contribution to journalArticlepeer-review

6 Scopus citations

Abstract

Abstract: The article deals with the problem of estimating the parameters of a tapered Paretodistribution. Using the moment method, we obtain new estimates depending on an additionalparameter. We prove that the joint asymptotic distribution of these estimates is Gaussian.A procedure is proposed that permits one to choose the additional parameter in an optimal way.The new estimates are compared with the corresponding maximum likelihood estimates. By wayof example, an application of the new estimates to the COVID-19 incidence data is given. A newalgorithm for a random variable generator with a tapered Pareto distribution is proposed.

Original languageEnglish
Pages (from-to)1358-1377
Number of pages20
JournalAutomation and Remote Control
Volume82
Issue number8
DOIs
StatePublished - 1 Aug 2021
Externally publishedYes

Keywords

  • COVID-19 incidence
  • maximum likelihood estimates
  • moment method estimates
  • parameter estimation
  • tapered Pareto distribution

ASJC Scopus subject areas

  • Control and Systems Engineering
  • Electrical and Electronic Engineering

Fingerprint

Dive into the research topics of 'Estimating the Parameters of a Tapered Pareto Distribution'. Together they form a unique fingerprint.

Cite this