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Research Paper | Statistics | India | Volume 5 Issue 5, May 2016
Estimation of Population Size Using Sample Maximum
Jaya Limbore | Rajendra Gurao [3]
Abstract: Most of statistical inference is developed around the sample mean. Very little attention is paid to other sample quantities like the sample maximum. However, there are many situations where the interest is in the maximum rather than in the average. In sports, for example, the winner is not decided by the average, but by the best performance. Investment decisions are not governed by the average returns, but the maximum possible returns. This paper attempts to identify statistical inference that can be drawn from the sample maximum.
Keywords: Sample Maximum, Expected Value, Order Statistics, Simple Random Sampling, Maximum Likelihood Estimator
Edition: Volume 5 Issue 5, May 2016,
Pages: 2086 - 2088
Similar Articles with Keyword 'Order Statistics'
Downloads: 109
Research Paper, Statistics, Nigeria, Volume 8 Issue 11, November 2019
Pages: 1199 - 1204On the Construction of Kumaraswamy-Epsilon Distribution with Applications
Gongsin Isaac Esbond [4] | Saporu W. O. Funmilayo [2]
Downloads: 110
Research Paper, Statistics, Nigeria, Volume 8 Issue 12, December 2019
Pages: 1024 - 1028The Exponentiated-Epsilon Distribution: its Properties and Applications
Gongsin Isaac Esbond [4] | Saporu W. O. Funmilayo [2]