Hi,
You assumed
scale=229678.21 and shape=0.41
and the procedure estimated
\hat{scale}=427196.6 and \hat{shape}=0.2092887
I think these estimates are natural, since
1) you use a simulated generated data with n=100, and 2) the true value your
scale parameter is very large.
Hope this helps
Best
Ozgur
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