The focus of this research is to clarify both conventional and Bayesian parametric estimation methods for the Nakagami distribution making use of adaptive progressive Type II censored data. From a classical estimation perspective, two estimation methods are considered: maximum likelihood and least squares estimations. Along with the model parameters, three reliability metrics are estimated using point and interval estimation. Bayes estimates with gamma and inverse gamma priors are investigated by employing the squared error loss function. The Bayes computations are created using the Markov Chain Monte Carlo technique. Moreover, the classical and Bayesian intervals are also taken into consideration. For evidence of the effectiveness of the given methodologies, a simulation study and three applications from the physics, chemistry, and engineering domains are explored. Lastly three optimality criteria are applied to the stated data sets to pick the best progressive censoring strategy.