Abstract
Estimation of the tail index parameter of a one - parameter Pareto model has wide important by the researchers because it has awide application in the econometrics science and reliability theorem. Here we introduce anew estimator of "generalized median" type and compare it with the methods of Moments and Maximum likelihood by using the criteria, mean square error. The estimator of generalized median type performing best over all.
DOI
10.33095/jeas.v15i56.1254
Subject Area
Statistical
First Page
163
Last Page
171
Recommended Citation
Shaheen, H. I., & Hasan, R. F. (2009). Estimation of the Parameter of the Pareto Distribution Manual Using the General Mediator Estimator. Journal of Economics and Administrative Sciences, 15(56), 163-171. https://doi.org/10.33095/jeas.v15i56.1254
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