Date of Award:

5-1982

Document Type:

Thesis

Degree Name:

Master of Science (MS)

Department:

Mathematics and Statistics

Department name when degree awarded

Applied Statistics

Committee Chair(s)

Ronald V. Canfield

Committee

Ronald V. Canfield

Abstract

The estimation of the Pareto distribution can be computationally expensive and the method is badly biased. In this work, an improved Least Squares derivation is used and the estimation will be less biased. Numerical examples and figures are provided so that one may observe the solution more clearly. Furthermore, by varying the different methods of estimation, a comparing of the estimators of the parameters is given. The improved Least Squares derivation is confidently employed for it is economic and efficient.

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