Gamma Distribution Confidence Interval

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Discussion Overview

The discussion centers on finding confidence intervals for the parameters of the gamma distribution, exploring various methods and approximations related to this statistical concept.

Discussion Character

  • Technical explanation
  • Mathematical reasoning

Main Points Raised

  • One participant inquires about methods for finding confidence intervals for the gamma distribution parameters, noting difficulty in finding resources online.
  • Another participant suggests that good approximations for the confidence intervals can be obtained using normal, Poisson, or (inverse) chi-square approximations, and mentions the existence of exact methods, referencing a specific paper for further details.
  • A participant questions whether another distribution can be used to approximate the parameters, specifically the mean, of the gamma distribution.
  • A later reply affirms that the gamma distribution can take on different shapes depending on the parameter k, indicating that for k greater than 3, the normal approximation is effective, and explains the relationship of k to the probability density function (PDF).

Areas of Agreement / Disagreement

Participants express varying viewpoints on the methods for approximating confidence intervals and the applicability of other distributions, indicating that multiple competing views remain without a consensus.

Contextual Notes

Some assumptions regarding the conditions under which different approximations hold are not fully explored, and the discussion does not resolve the appropriateness of each method for specific scenarios.

jaycool1995
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How would you go about finding the confidence interval for the parameters of the gamma distribution? I have had a look online and haven't found anything with the answer...
Thanks
 
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So can i use another distribution to approximate the parameters (e.g the mean) of the gamma dist?
Thanks
 
jaycool1995 said:
So can i use another distribution to approximate the parameters (e.g the mean) of the gamma dist?
Thanks

Yes. The gamma distribution morphs from Poisson like to normal like "shapes" depending on the parameter k. For k more than 3, the normal approximation is good. "k" relates to the failure or waiting times. k's value can be taken from the PDF where the power of the variable x is k-1.
 
Last edited:

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