Question

In: Statistics and Probability

Fit a Beta distribution to the following data. Start from initial guesses shape1=3, shape2=6. 0.18573722 0.41073334...

Fit a Beta distribution to the following data. Start from initial guesses shape1=3, shape2=6.

0.18573722 0.41073334 0.56355831 0.06673358 0.43762574 0.45158744 0.27369696

0.27787527 0.27522373 0.22834730 0.28829185 0.21342879 0.24438748 0.37434856

0.53836814 0.34561632 0.28320219 0.22540641 0.23575321 0.38607398 0.28625720

0.29384326 0.44312820 0.25625404 0.15563416 0.46424265 0.21000100 0.36114007

0.22198265 0.56719777

What is the estimated shape2 ?

Solutions

Expert Solution

The estimated shape 2 is 9.0763738.


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