I need to construct a statistical test which outputs the p value for the hypothesis, H0: Data are Pareto distributed Vs H1: Data are not Pareto distributed.
I found a test in stack exchange, but it's very slow and, not working for binomial data (for validation, I generated Pareto, Normal, Exponential, Binomial etc and fed the function. It particularly gave pvalue = 0 for non pareto data, and a pvalue > 0.05 for pareto data, but an error message for binomial so it cannot be used any further) How to know if my data fits Pareto distribution?
And in another reference, I could find another test, where my R code doesn't give the desired answers. https://www.researchgate.net/publication/225199125_Goodness-of-Fit_Tests_for_Pareto_Distribution
Please do share a link for the test for Pareto data.