fitpareto {ERPeq}

Fitting the Pareto distribution

Description

Fitting the Pareto distribution

Usage

fitpareto(starts, data)

Arguments

starts

A vector defining the starting values for the Nelder-Mead algorithm.

data

A vector containing the observations

Value

List the estimated parameters of the distribution with standard errors and goodness-of-fit statistics.

Examples

library(VGAM)
data=VGAM::rpareto(500,5,2)
fitpareto(starts =c(2),data=data)