Suppose X has a Gamma distribution with theta 3 Use the Met
Suppose X has a Gamma distribution with theta = 3. Use the Method of Moments and the following random sample from the distribution to find an estimate of alpha. SHOW ALL STEPS. Do NOT just give mea number! Suppose X has a Gamma distribution but neither alpha or theta are known. Explain as completely as possible how one would use the Method of Moments lo estimate BOTH unknown parameters. HINT: Describe the general process first and the apply it to the parameters of time Gamma distribution.
Solution
