Comparisons of Point Estimation Methods in the 2-parameter Weibull Distribution
β Scribed by Kaio, Naoto; Osaki, Shunji
- Book ID
- 117934098
- Publisher
- IEEE
- Year
- 1980
- Tongue
- English
- Weight
- 187 KB
- Volume
- R-29
- Category
- Article
- ISSN
- 0018-9529
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π SIMILAR VOLUMES
Newton-Raphson's method plays a fundamental role in the maximum likelihood estimation of the two parameters of the Weibull probability distribution. It is well known that the method depends on the initial point of the iterative process and the iteration does not always converge. In the present art
The Weibull distribution is one of the most important distributions that is utilized as a probability model for loss amounts in connection with actuarial and financial risk management problems. This paper considers the Weibull distribution and its quantiles in the context of estimation of a risk mea