Date of Award:

5-1988

Document Type:

Thesis

Degree Name:

Master of Science (MS)

Department:

Mathematics and Statistics

Committee Chair(s)

Ronald V. Canfield

Committee

Ronald V. Canfield

Committee

Donald V. Sisson

Committee

Robert V. Campbell

Abstract

The generalized Pareto distribution was introduced by Pickands (1975). Three methods of estimating the parameters of the generalized Pareto distribution were compared by Hosking and Wallis (1987). The methods are maximum likelihood, method of moments and probability-weighted moments.

An alternate method of estimation for the generalized Pareto distribution, based on least square regression of expected order statistics (REOS), is developed and evaluated in this thesis. A Monte Carlo comparison is made between this method and the estimating methods considered by Hosking and Wallis (1987). This method is shown to be generally superior to the maximum likelihood, method of moments and probability-weighted moments.

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