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msg34548
2010 Apr 19
2
Truncated Normal Distribution and Truncated Pareto distribution
Dear R helpers,
I have a bimodal dataset dealing with loss amounts. I have divided this dataset into two with the bounds for the first dataset i.e. dataset-A being 5,000$ to 100,000$ and the dataset-B deals with the losses exceeding 100,000$ i.e. dataset-B is left truncated.
I need to fit truncated normal disribution to dataset - I having lower bound of 5000 and upper bound of 100,000. While I