Abstract

The process of parameter estimation in order to Characterise a population using Method of moments and MLE is well known and popular. The purpose of this article is a little different in estimating the parameters for Beta distribution of first kind by the partial information available, and when the partial information is available, how should the parameter be estimated? If estimated, how far can these parameters be considered good enough when compared with the estimators obtained by using the full sample information. In this present study we explored the parameter estimation by “Local Frequency Ratio Method” to estimate the parameters and found that this method estimates the parameters effectively with less information as compared with standard estimation procedure.

Author: Ch. Yugandhar and V. V. Haragopal

Received on: June, 2022

Accepted on: April, 2023