A procedure for interval estimation of the shape parameter of the gamma distribution is proposed which enables the experimenter to obtain upper and lower confidence limits after each observation is ...

Wind Engineering, Vol. 39, No. 3 (2015), pp. 253-260 (8 pages) ABSTRACT This workmodels capacity factor in terms of wind turbine operating characteristics, mean wind speed, and shape parameter of ...

When products start failing, management wants answers. Are they failing because of manufacturing problems? Or is the design to blame? One of the most widely regarded methods for ferreting out the ...

Maximum likelihood estimation of the parameters of a statistical model involves maximizing the likelihood or, equivalently, the log likelihood with respect to the parameters. The parameter values at ...

In this paper, a method to estimate the tail shape parameter of the risk-neutral density from option prices is developed and closed-form pricing formulas for out-of-the money European style options ...