A comparison between modified maximum likelihood and maximum likelihood methods for a three-parameter gamma distribution
DOI:
https://doi.org/10.57026/wsj.v6i17.202Keywords:
three parameters gamma distribution - parameters estimation -maximum likelihood method –modified maximum liklihood method –mean square errors-mean absolute proportion errors .Abstract
In this research, empirical data were generated through the cumulative function of the three-parameter gamma distribution by Monte Carlo method for five different sample sizes (25, 50, 75, 100, 150), and for different values of parameters at each sample size, and estimation of the parameters of the gamma distribution of the empirical data in two methods is the maximum likelihood method and the modified maximum likelihood method. The preference of the modified maximum likelihood method was best through the use of the statistical criterian mean square error MSE and the statistical criterian absolute mean square error MAPE
Published
2024-03-30
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How to Cite
A comparison between modified maximum likelihood and maximum likelihood methods for a three-parameter gamma distribution. (2024). Warith Scientific Journal, 6(17), 282-289. https://doi.org/10.57026/wsj.v6i17.202