Research Article

A Flexible Extension of Pareto Distribution: Properties and Applications

Table 6

The estimates and log-likelihood function of the proposed distribution parameters along with goodness-of-fit measures for the second data set by different estimation methods.

 LADCMKSKSP

MLEs22.890112.52830.7731623.586455.8748752.70570.2031530.02816060.1420780.987631
ADEs10.348240.95921.291553.623648.6746552.78030.1898190.02757190.1446040.984983
CVMEs8.4469939.08441.239634.195938.0954952.86880.1993110.02693410.1467730.982409
MPSEs10.924226.40121.189442.832519.4167952.86880.1993110.02693410.1467730.982409
OLSEs22.890112.52830.7750233.586515.874852.72260.2062660.03043520.15965270.960749
RTADEs12.742946.32211.395243.471639.8543152.71040.1989780.02817690.1433020.986394
WLSEs8.1239146.45111.444753.1889310.489253.10350.229020.03449340.1666360.944053
LTADEs20.961443.25790.46692974.490990.049164652.91210.208540.0270480.1491970.979187