Hi!
my name is jeong in Sim.
Now I'm studying MLE(Maximum Likelyhood Estimation) and MOM(Method of moments).
I want to compare with the performance of MLE and MOM by making functions and drawing a plot.
But I don't know how to do . so I want you to show me some R codes.
First of all, I want to know detail R code(which included function) that calculates MOM and MLE.
And then I want to know how to make a plot to summarize my results.
Finally, I want to summarize my own simulation results based on 100 simulations with a sample size n=50,parameter values alpha=3, lambda=2, and a random seed 1234.
Thank you, I'll hope your answer as soon as possible.
[[alternative HTML version deleted]]