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Table 13 The estimated parameters and goodness of fit for the outbreaks of strike in the coal-mining industry in UK data

From: A new discrete pareto type (IV) model: theory, properties and applications

Model

Parameters

χ2

χ2p-value

DPIV

\(\widehat {\theta }=0.7892\)

1.179

0.7580

 

\(\widehat {\gamma }=1.4623\)

  
 

\(\widehat {\sigma }=2.3245\)

  

GPD

\(\hat {\lambda }=-0.1450\)

4.5234

0.0334

 

\(\hat {\theta }=1.1377\)

  

Poisson

\(\widehat {\lambda }=0.9935\)

9.9348

0.0191

Geometric

\(\widehat {p}=0.5016\)

52.54

<0.00001