Efficient Estimation of the Parameters of the Pareto Distribution in the Presence of Outliers Dixit, U.J.; Jabbari Nooghabi, M.;
The moment(MM) and least squares(LS) estimations of the parameters are derived for the Pareto distribution in the presence of outliers. Further, we have derived a mixture method(MIX) of estimations with MM and LS that shows that the MIX is more efficient. In the final section we have given an example of actual data from a medical insurance company.