Generalized Pareto Model: Properties and Applications in Neutrosophic Data Modeling

Table 1

A summary of distribution properties of the proposed model based on simulated data.

Basic properties of NPD	Simulated results	Analytical results
Mean	[1.19, 1.33]	[1.20, 1.33]
Median	[1.12, 1.19]	[1.10, 1.19]
Standard deviation	[0.25, 0.47]	[0.25, 0.47]
Skewness	[3.95, 8.06]	[3.94, 8.02]
Kurtosis	[45.73, 350.05]	[45.62, 350.10]