Journal of Statistics: Advances in Theory and ApplicationsAuthor's: B. Srinivasa Rao and P. Sricharani
Pages: [67] - [75]
Received Date: May 29, 2018; Revised October 5, 2018
Submitted by:
DOI: http://dx.doi.org/10.18642/jsata_7100121972
The three parameter Dagum distribution is considered. The well known classical method – maximum likelihood (ML) estimation of three parameters is used which resulted in iterative solutions of the parameters. Hence, we propose a more efficient and computationally simple/analytical estimation procedure called two-step estimation. Using real data sets the procedure illustrated.
ML estimation, pdf, cdf.
