ProbDistTWLS
[this page  pdf]
Function Description
Returns the tail weighted least squares estimation vector
for a given dataset for parameters of a probability distribution given by DistributionName
and with the order of parameter values matching the parameter names listed by MnProbDistParamNames).
The algorithm used starts from values for each parameter in
line with its value in OpeningParameterChoices and searches for the
(possibly just â€˜nearestâ€™) parameter selection that maximises the weighted (log)
likelihood function.
An explanation of the algorithm used is given in TailWeightedParameterEstimation.pdf.
Probability distributions currently recognised by the
website may be listed using MnRecognisedProbDists.
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Interactively run function

Interactive instructions

Example calculation

Output type / Parameter details

Illustrative spreadsheet

Other Probability distribution analysis functions

Computation units used
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