generate_all_estimates {ptsuite} | R Documentation |
This function combines the results of all the methods (included in this
package) provided to estimate the shape
and scale
parameters
of the Pareto data and provides the results in a data frame. Hill's
Estimator is not used in this comparison as it discards a set of
observations. We also note here that when considering the entire data set,
Hill's Estimate is equivalent to the MLE.
generate_all_estimates(dat)
dat |
vector of observations |
Dataframe with the following columns:
Name of the method used for estimation
Estimates of the shape parameter of the data
Estimates of the scale parameter of the data
x <- generate_pareto(10000, 5, 2) generate_all_estimates(x)