Abstract

Based one some common distribution properties of the order statistics and the transformation theory by Efron(1982), we determine unified explicit general location transformations, which map the distributions of the order statistics from the Exponential, Pareto and Weibull to a standard normal distribution. This result is used to derive analytical formulas for the maximum likelihood estimators of the shape parameter of these distributions of order statistics. The presented exact method is applied to catastrophe earthquake life reinsurance.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.