Research ArticleOpen accessAll words, across the recordESTIMATION OF WEIBULL PARAMETERS USING A RANDOMIZED NEIGHBORHOOD SEARCH FOR THE SEVERITY OF FIRE ACCIDENTSSoontorn Boonta, Anchalee Sattayatham, Pairote SattayathamIn this study, we applied Randomized Neighborhood Search (RNS) to estimate the Weibull parameters to determine the severity of fire accidents; the data were provided by the Thai Reinsurance Public Co., Ltd. We compared this technique with other frequently-used techniques: the Maximum Likelihood Estimator (MLE), the Method of Moments (MOM), the Least Squares Method (LSM) and the weighted least squares … …Journal of Mathematics and Statistics, Vol. 9, Issue 1 · 15 Mar 2013 · 6,935 accessesView PDFCite
Research ArticleOpen accessAll words, across the recordParameter Estimation for the Double Pareto DistributionFaris M. Al-AthariProblem statement: The double Pareto distribution appeared most often as model for variety of fields, including archaeology, biology, economics, environmental science, finance and physics. The distribution exhibits Paretian power-law behavior in both tails. The family of double Pareto distributions has recently been proposed for modeling growth rates such as annual gross domestic product, stock prices, foreign currency exchange rates and … …Journal of Mathematics and Statistics, Vol. 7, Issue 4 · 28 Oct 2011 · 8,679 accessesView PDFCite