Large sample estimation of Pareto quantiles using selected order statistics (Q762852)

Nonlinear estimates of the population quantile, \(x_{\xi}\) \((0<\xi <1)\), of the shape-scale family of Pareto distributions are considered based on a few selected order statistics. Asymptotic relative efficiencies (A.R.E.'s) of the estimators are given relative to complete sample estimators and the usual nonparametric estimator of quantiles.