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Pareto Estimate Experiment

This resource consists of a Java applet and expository text. The applet simulates a random sample from a Pareto distribution, and computes standard point estimates of the shape parameter. The bias and mean square error are also computed.

Keywords:: Virtual Laboratories, NSDL, Probability, Education

Disciplines:

Mathematics and Statistics / Mathematics

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More about this material

Material Type:: Simulation
Date Added to MERLOT:: July 27, 2016
Date Modified in MERLOT:: August 9, 2017
Author:: Kyle Siegrist
Submitter:: Barbra Bied Sperling

Primary Audience:: College General Ed
Technical Format:: Website
Mobile Compatibility:: Not specified at this time
Language:: English
Cost Involved:: No
Source Code Available:: No
Accessibility Information Available:: Unknown
Creative Commons:: This work is licensed under a Attribution 3.0 United States