hi i have an experimental dataset which i think is coming from a pareto/powerlaw distribution. i am trying to use the 2 parameter pareto distribution from Jim Lindsey's rmutil package (i am open to using any package however.) i would like R to compute estimates for the 2 pareto parameters based on my dataset; what commands would achieve this? thanks -gong
fitting pareto to data?
2 messages · r help, Gabor Grothendieck
r help <r_hlp <at> yahoo.com> writes: : : hi : : i have an experimental dataset which i think is coming : from a pareto/powerlaw distribution. : : i am trying to use the 2 parameter pareto distribution : from Jim Lindsey's rmutil package (i am open to using : any package however.) : : i would like R to compute estimates for the 2 pareto : parameters based on my dataset; what commands would : achieve this? : : thanks : -gong : Assuming you want to find the maximum likelihood estimate use optim or nlm.