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Independence Test for Bivariate Pareto Data (308387)

Roy Bower, Furman University 
*William Cipolli, Colgate University 

Keywords: Score test, Independence, Bivariate Pareto

We propose a score test for testing independence based on the bivariate Pareto probability density of Sankaran and Nair (1993), which has marginal Lomax distributions. In a simulation study, we compare the estimated significance level and power of this approach to that of the likelihood ratio and Wald tests.