scholarly journals Stochastic maximum likelihood method for propagation parameter estimation

Author(s):  
C.B. Ribeiro ◽  
E. Ollila ◽  
V. Koivunen
2021 ◽  
pp. 0309524X2199996
Author(s):  
Rajesh Kumar ◽  
Arun Kumar

Weibull distribution is an extensively used statistical distribution for analyzing wind speed and determining energy potential studies. Estimation of the wind speed distribution parameter is essential as it significantly affects the success of Weibull distribution application to wind energy. Various estimation methods viz. graphical method, moment method (MM), maximum likelihood method (ML), modified maximum likelihood method, and energy pattern factor method or power density method have been presented in various reported research studies for accurate estimation of distribution parameters. ML is the most preferred approach to study the parameter estimation. ML works on the principle of forming a likelihood function and maximizing the function for parameter estimation. ML generally uses the numerical based iterative method, such as Newton–Raphson. However, the iterative methods proposed in the literature are generally computationally intensive. In this paper, an efficient technique utilizing differential evolution (DE) algorithm to enhance the estimation accuracy of maximum likelihood estimation has been presented. The [Formula: see text] of GA-Weibull, SA-Weibull, and DE-Weibull is 0.958, 0.953, and 0.973 respectively, and value of RMSE of DE-Weibull 0.0083, GA-Weibull (0.0104), and SA-Weibull (0.0110), for the yearly wind speed data are obtained. The lowest root mean square error and larger regression value for both monthly and yearly wind speed data indicate that the DE-Weibull distribution has the best goodness of fit and advocate the DE algorithm for the parameter estimation.


2016 ◽  
Vol 2016 ◽  
pp. 1-9 ◽  
Author(s):  
Huan Wang ◽  
Bin Song ◽  
Dongmei Guo

This paper selects improved maximum likelihood method to conduct parameter estimation of Heston model, and results show that the share option pricing performance of Hang Seng Index is better and pricing error of at-the-money options is the smallest. By comparing parameter estimation of samples in different intervals, it has been found that parameter estimated results of two-year market data are obviously inferior to estimated effect of one-year data.


2019 ◽  
Vol 2019 ◽  
pp. 1-7 ◽  
Author(s):  
Zuolong Luo ◽  
Fenghui Dong

In order to improve the estimation accuracy of bearing capacity of pile foundation, a new forecast method of bearing capacity of pile foundation was proposed on Jeffrey’s noninformative prior using the MCMC (Markov chain Monte Carlo) method of the Bayesian theory. The proposed approach was used to estimate the parameters of Normal distribution. Numerical simulation was used to produce pseudosamples. The parameter estimation of the maximum likelihood method and the Bayesian statistical theory was used to estimate the parameter estimation of the Normal distribution, which has been compared with the theoretical value of the pseudosample of Normal distribution. The result indicates that the forecast model of Normal distribution using the Bayesian method is better than that of the maximum likelihood method, and the performance of the proposed method was improved with increasing of pseudosample number. At last, the proposed method was applied to estimate the parameter of Normal bearing capacity distribution of pile foundation, which shows that the proposed method has a high precision and good applicability.


Sign in / Sign up

Export Citation Format

Share Document