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Original Articles

On generalized order statistics from generalized pareto distribution

ORCID Icon &
Pages 5682-5697 | Received 07 Oct 2015, Accepted 27 Mar 2016, Published online: 10 Mar 2017
 

ABSTRACT

The aim of this paper is to estimate parameters of generalized Pareto distribution based on generalized order statistics. Some non-Bayesian methods, such as MLE, bootstrap and unbiased estimators have been obtained to develop point and interval estimations. Bayesian estimations have also been derived under LSE and LINEX loss functions. To compare the performances of the employed methods, numerical results have been computed. To illustrate dependence and association properties of generalized order statistics, correlation coefficient and some informational measures in closed form have been obtained.

MATHEMATICS SUBJECT CLASSIFICATION:

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