Choose Language Hide Translation Bar
Level II

Evaluating the Fit for a Pareto/Bradford Distribution

JMP has features for evaluating the fit of a continuous variable to a distribution. In the JMP Pro 9.0.3 user interface, these functions can be accessed via the "Analyze, Distribution" menu. There is a nice selection of pre-loaded distribution definitions that can be used for the evaluation. I would like to evaluate fit versus a Pareto / Bradford Distribution, which is not in the list. Is it possible for me to add the equation for this distribution so that I can use it for the evaluation of fit?

Test System: SAS JMP Pro 9.0.3 32-bit, Microsoft Windows 7 Professional Service Pack 1 64-bit.

Super User ms
Super User

Re: Evaluating the Fit for a Pareto/Bradford Distribution

I am not aware of a way to add items to the list.

But according to the information in the link you provided, Y = ln(X/xm) is exponentially distributed with rate alpha, where X is pareto distributed with parameter alpha and xm.

Thus, with a good estimate of xm, the minimum treshold, you can apply the tranformation using a separate column formula and fit a simple exponential distribution to the transformed data.

Article Labels

    There are no labels assigned to this post.