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  • How to estimate the parameters of a generalized Pareto distribution with maximum likelihood

    Dear all, Click image for larger version

Name:	Schermata 2018-11-14 alle 09.49.52.png
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    I have to estimate these two parameters (psi and beta) for the generalized pareto distribution with maximum likelihood. Can some of you explain how to do it?

  • #2
    Aurora: I wonder if extreme might work.
    Code:
    net describe extreme

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