WSEAS Transactions on Mathematics
Print ISSN: 1109-2769, E-ISSN: 2224-2880
Volume 22, 2023
An Alternative Method for Estimating the Parameters of Log-Cauchy Distribution
Authors: , ,
Abstract: In this paper, we discuss the estimation problem of the location and scale parameters of the log-Cauchy distribution, a member of the super heavy-tailed distributions family. We consider several methods of estimation, including a new percentile method, maximum likelihood estimation and robust estimators. A Monte Carlo simulation experiment is conducted to compare the proposed estimation methods. Further, we illustrate the estimation methods via a real life example.