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Revista Colombiana de Estadística
Article . 2015 . Peer-reviewed
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Revista Colombiana de Estadística
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Other literature type . 2015
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Parameter Estimation of Power Function Distribution with TL-moments

تقدير المعلمة لتوزيع وظيفة الطاقة مع TL - اللحظات
Authors: Mirza Naveed-Shahzad; Zahid Asghar; Farrukh Shehzad; Mubeen Shahzadi;

Parameter Estimation of Power Function Distribution with TL-moments

Abstract

Accurate estimation of parameters of a probability distribution is of immense importance in statistics. Biased and imprecise estimation of parameters can lead to erroneous results. Our focus is to estimate the parameter of Power function distribution accurately because this density is now widely used for modelling various types of data. In this study, L-moments, TL-moments, LL-moments and LH-moments of Power function distribution are derived. In addition, the coefficient of variation, skewness and kurtosis are obtained by method of moments, L-moments and TL-moments. Parameters of the density are estimated using linear moments and compared with method of moments and MLE on the basis of bias, root mean square error and coefficients through simulation study. L-moments proved to be superior for the parameter estimation and this conclusion is equally true for different parametric values and sample size.

Country
Colombia
Keywords

Moments, Cumulant, momentos, Social Sciences, Central moment, Evolutionary biology, estadísticas de orden, 31 Colecciones de estadística general / Statistics, Estimator, Estadísticas de orden, Decision Sciences, order statistics, Skew Distributions and Applications in Statistics, Power function distribution, Probability density function, Classical mechanics, Global and Planetary Change, Physics, Statistics, Monte Carlo Simulation, distribución de función de potencias, HA1-4737, Sensitivity Analysis, Function (biology), Characterization and structure theory of statistical distributions, Physical Sciences, Moment-generating function, Statistics, Probability and Uncertainty, parameter estimation, Statistics and Probability, Skew Distributions, Skewness, Mathematical analysis, Momentos, Method of moments (probability theory), Simulación de Monte Carlo., Order statistic, Parameter estimation, FOS: Mathematics, Biology, Monte Carlo simulation, Kurtosis, Distribución de función de potencias, Distribution (mathematics), power function distribution, estimación de parámetros, Moment (physics), Applied mathematics, simulación de Monte Carlo, 51 Matemáticas / Mathematics, Parametric statistics, Global Drought Monitoring and Assessment, Environmental Science, Uncertainty Quantification and Sensitivity Analysis, moments, L-moment, Estimación de parámetros, Order Statistics, Mathematics

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    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
16
Top 10%
Top 10%
Average
Green
gold