Q2. The Pareto distribution with parameter a has the following pdf a f(x) = xa+1•X € [1, 00), a > 1. Suppose the data x1 = 5, x2 = 2, x3 = 3 were drawn independently from such a distribution. a) Find the estimator for the parameter a by using methods of moments. b) Find the maximum likelihood estimate (MLE) of a. %3D

Q2. The Pareto distribution with parameter a has the following pdf a f(x) = xa+1•X € [1, 00), a > 1. Suppose the data x1 = 5, x2 = 2, x3 = 3 were drawn independently from such a distribution. a) Find the estimator for the parameter a by using methods of moments. b) Find the maximum likelihood estimate (MLE) of a. %3D

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Please do the following questions with full handwritten working out
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