Parameter estimation for 3-parameter log-logistic distribution (LLD3) by Pome Academic Article

abstract

• The principle of maximum entropy (POME) was employed to derive a new method of parameter estimation for the 3-parameter log-logistic distribution (LLD3). Monte Carlo simulated data were used to evaluate this method and compare it with the methods of moments (MOM), probability weighted moments (PWM), and maximum likelihood estimation (MLE). Simulation results showed that POME's performance was superior in predicting quantiles of large recurrence intervals when population skew was greater than or equal to 2.0. In all other cases, POME's performance was comparable to other methods. 1993 Springer-Verlag.

authors

• Singh, Vijay

published proceedings

• Stochastic Environmental Research and Risk Assessment

author list (cited authors)

• Singh, V. P., Guo, H., & Yu, F. X.

citation count

• 65

complete list of authors

• Singh, VP||Guo, H||Yu, FX

publication date

• September 1993

publisher

• Springer Nature  Publisher

published in

• Stochastic Environmental Research and Risk Assessment  Journal

Digital Object Identifier (DOI)

• 10.1007/bf01585596

start page

• 163

end page

• 177

volume

• 7

issue

• 3

URL

• http://dx.doi.org/10.1007/bf01585596