Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1147536 | Journal of Statistical Planning and Inference | 2012 | 16 Pages |
Abstract
In this work, we propose a consistent method of estimation for the parameters of the three-parameter lognormal distribution. We then discuss some properties of these estimators and show by means of a Monte Carlo simulation study that the proposed estimators perform better than some other prominent estimators in terms of bias and root mean squared error. Finally, we present two real-life examples to illustrate the method of estimation proposed.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Applied Mathematics
Authors
Hideki Nagatsuka, N. Balakrishnan,