An Iso-Contour Plotting Routine as a Tool for Maximum Likelihood Estimation (Classic Reprint)
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Excerpt from An Iso-Contour Plotting Routine as a Tool for Maximum Likelihood Estimation
The process of estimating the parameters of an um derlying lognormal distribution when sampling is considered to be without replacement and proportional to size constitu tes one such case. This particular sampling process is being used as a model for inferring the distribution of yet undis covered oil and gas deposits from a sample of discovered pools. Pool discovery (observing deposit sizes in order of discovery) is more akin to sampling without replacement and proportional to size than to sampling values of independent.
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