An Optimal Strategy for Estimating Weibull distribution Parameters by Using Maximum Likelihood Method
An Optimal Strategy for Estimating Weibull distribution Parameters by Using Maximum Likelihood Method
Several methods have been used to estimate the Weibull parameters such as least square method (LSM), weighted least square method (WLSM), method of moments (MOM), and maximum likelihood (MLE). The maximum likelihood method is the most popular method (MLE). Newton-Raphson method has been applied to solve the normal equations of …