Generalized Inference for the Overlapping Coefficientof two Pareto Distributions

Abstract

This paper introduces a new method, called GPQ method, for the computation of overlapping coefficient of two Pareto distributions. Expected lengths and coverage probabilities of the confidence intervals are also calculated using the generalized pivotal quantity. The comparison of the method is done with the best available method, that is, bootstrap percentile method. The general performance of the proposed method is better than the existing methods. An illustrative example is also presented.