Maximum Likelihood Estimation of the Parameters of the Gamma Distribution and Their Bias |
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Authors: | S. C. Choi R. Wette |
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Affiliation: | Washington University , St. Louis |
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Abstract: | ![]() The numerical technique of the maximum likelihood method to estimate the parameters of Gamma distribution is examined. A convenient table is obtained to facilitate the maximum likelihood estimation of the parameters and the estimates of the variance-covariance matrix. The bias of the estimates is investigated numerically. The empirical result indicates that the bias of both parameter estimates produced by the maximum likelihood method is positive. |
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