Find a formula for the method of moments estimate for the parameter in the Pareto pdf,

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Find a formula for the method of moments estimate for the parameter θ in the Pareto pdf,

f_Y(y; θ) = θk^θ(1/y)^θ+1, y ≥ k; θ ≥ 1

Assume that k is known and that the data consist of a random sample of size n. Compare your answer to the maximum likelihood estimator found in Question 5.2.13.

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Introduction To Mathematical Statistics And Its Applications

ISBN: 9780321693945

5th Edition

Authors: Richard J. Larsen, Morris L. Marx

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Question Posted: Dec 20, 2015 03:31 AM

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Find a formula for the method of moments estimate for the parameter in the Pareto pdf,

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Introduction To Mathematical Statistics And Its Applications

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