Comparison of likelihood-based predictors of future Pareto and Lomax record values in terms of Pitman closeness
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DOI: 10.1080/03610926.2021.1941112
Abstract: Point prediction of future record values from a sequence of independent and identically distributed Pareto and Lomax random variables is addressed. The focus is on likelihood-based prediction techn... read more here.
Keywords: likelihood based; pareto lomax; record values;