Ranjiva Munasinghe, Pathum Kossinna, D. Jayasinghe, D. Wijeratne
{"title":"ptsuite: Fast Tail Index Estimation for Power Law Distributions in R","authors":"Ranjiva Munasinghe, Pathum Kossinna, D. Jayasinghe, D. Wijeratne","doi":"10.4038/sljastats.v23i1.8058","DOIUrl":null,"url":null,"abstract":"Power law distributions, in particular Pareto distributions, describe data across diverse areas of study. We have developed a package in R to estimate the tail index for such datasets focusing on speed (in particular with large datasets), keeping in mind ease of use, as well as accuracy. In this document, we provide a user guide to our package along with the results obtained highlighting the speed advantages of our package.","PeriodicalId":91408,"journal":{"name":"Sri Lankan journal of applied statistics","volume":" ","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2020-06-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"3","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Sri Lankan journal of applied statistics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.4038/sljastats.v23i1.8058","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 3
Abstract
Power law distributions, in particular Pareto distributions, describe data across diverse areas of study. We have developed a package in R to estimate the tail index for such datasets focusing on speed (in particular with large datasets), keeping in mind ease of use, as well as accuracy. In this document, we provide a user guide to our package along with the results obtained highlighting the speed advantages of our package.