Finds the MMS estimator of the Pareto Type-II distribution parameters using the Bayesian method (and the R code) developed by Zhang and Stevens (2009).
pareto2_estimate_mmse(x)Returns a numeric vector with the following named components:
k - estimated parameter of shape,
s - estimated parameter of scale.
a non-negative numeric vector
Zhang J., Stevens M.A., A New and Efficient Estimation Method for the Generalized Pareto Distribution, Technometrics 51(3), 2009, pp. 316-325.
Other Pareto2:
pareto2_estimate_mle(),
pareto2_test_ad(),
pareto2_test_f(),
rpareto2()