Gamma Distribution Confidence Interval

  • #1

Main Question or Discussion Point

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
 

Answers and Replies

  • #2
2,123
79
Last edited:
  • #3
So can i use another distribution to approximate the parameters (e.g the mean) of the gamma dist?
Thanks
 
  • #4
2,123
79
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:

Related Threads for: Gamma Distribution Confidence Interval

Replies
3
Views
707
Replies
4
Views
28K
  • Last Post
Replies
0
Views
1K
  • Last Post
Replies
3
Views
1K
  • Last Post
Replies
1
Views
4K
  • Last Post
Replies
4
Views
3K
Top