BookmarkSubscribeRSS Feed
Peaw
Fluorite | Level 6

result.JPG

I am using BASE sas fitting distribution for the data.

and the result showed as I posted the picture above.

as I know 'Alpha' parameter of pareto distributon is usually not less than 0 but, the result show like that.

I would like to know Is it work for this data (regardless of p-value)?

2 REPLIES 2
pau13rown
Lapis Lazuli | Level 10

it might be instructive to plot the fitted curve over your observed data

Rick_SAS
SAS Super FREQ

The distribution you are fitting with PROC UNIVARIATE is a GENERALIZED Pareto distribution (GPD), which might be probably different than what you are expecting. The (regular) Pareto distribution can be fit by PROC SEVERITY if you have access to SAS/ETS software.

SAS INNOVATE 2024

Innovate_SAS_Blue.png

Registration is open! SAS is returning to Vegas for an AI and analytics experience like no other! Whether you're an executive, manager, end user or SAS partner, SAS Innovate is designed for everyone on your team. Register for just $495 by 12/31/2023.

If you are interested in speaking, there is still time to submit a session idea. More details are posted on the website. 

Register now!

What is Bayesian Analysis?

Learn the difference between classical and Bayesian statistical approaches and see a few PROC examples to perform Bayesian analysis in this video.

Find more tutorials on the SAS Users YouTube channel.

Get the $99 certification deal.jpg

 

 

Back in the Classroom!

Select SAS Training centers are offering in-person courses. View upcoming courses for:

View all other training opportunities.

Discussion stats
  • 2 replies
  • 569 views
  • 0 likes
  • 3 in conversation