This function computes the log-likelihood of the tailW with the input sample data.
$$l(x;\alpha,\beta) = n(\log(\alpha)+\log(\beta))+(\beta-1)\sum_{i=1}^{n}\log(x+\nu)-\alpha\sum_{i=1}^{n}((x+\nu)^\beta-\nu^\beta)$$
Usage
ltailw(x, threshold, scale, shape)
Arguments
x
Sample data.
threshold
Minimum value of the tail.
scale
Scale parameter.
shape
Shape parameter.
Value
Gives the log-likelihood of the TailW. The length of the result is determined by the length of x.