Density Function with Gamma Distribution Assignment

Assignment Task

For the given sample (Data folder), estimate the probability density function (pdf) using a Gamma distribution by performing the following tasks.

1. Estimate shape and scale parameters using the method of moments and draw the estimated Gamma distribution.

2. Find the Monte Carlo (MC) estimate of the shape and scale parameters using method of moments and draw the estimated Gamma distribution. Use the set.seed(1234).

3. Find the two-STD MC confidence interval for estimated shape and scale parameter.

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