STA506

5. Parameter Estimation and Method of Moment Estimation (MME)

Topics, Class Notes and Code		Assignments and Recommended Readings
Parameter Estimation Point estimation: estimate vs estimator Properties of point estimation/li> Logic of Method of Moment Estimation Theoretical moment vs empirical moment Method of moment estimation (MME) Finding MME of Parameters MME with closed form expression MME with no closed expression - numerical solution Numerical Solution of Nonlinear Equation with R System of nonlinear quations using R built-in functions Notes and code Class Notes: [HTML]		Methods of Quantiles/Quantile Matching Procedure Select k sample quantiles Express theoretical quantile Matching sample and theoretical quantiles Solve for parameters from the system of nonlinear equations Read this article: Determine population parameters from quantiles [Link] Written Assignment Guidelines Due: Tuesday, 2/24/2021 at 11:30 PM