A Note on Improved Estimation for the Topp-Leone Distribution

David Giles

No 1203, Econometrics Working Papers from Department of Economics, University of Victoria

Abstract: The Topp-Leone distribution is attractive for reliability studies as it has finite support and a bathtub-shaped hazard function. We compare some properties of the method of moments, maximum likelihood, and bias-adjusted maximum likelihood estimators of its shape parameter. The last of these estimators is very simple to apply and dominates the method of moments estimator in terms of relative bias and mean squared error.

Keywords: J-shaped distribution; maximum likelihood; method of moments; unbiased estimation; mean squared error; bathtub hazard; finite support (search for similar items in EconPapers)
JEL-codes: C13 C16 C41 C46 (search for similar items in EconPapers)
Pages: 9 pages
Date: 2012-09-12
New Economics Papers: this item is included in nep-ecm
Note: ISSN 1485-6441
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Related works:
Working Paper: A Note on Improved Estimation for the Topp-Leone Distribution (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:vic:vicewp:1203

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