Sine Inverse Lomax Generated Family of Distributions with Applications
Aisha Fayomi,
Ali Algarni and
Abdullah M. Almarashi
Mathematical Problems in Engineering, 2021, vol. 2021, 1-11
Abstract:
This paper introduces a new family of distributions by combining the sine produced family and the inverse Lomax generated family. The new proposed family is very interested and flexible more than some old and current families. It has many new models which have many applications in physics, engineering, and medicine. Some fundamental statistical properties of the sine inverse Lomax generated family of distributions as moments, generating function, and quantile function are calculated. Four special models as sine inverse Lomax-exponential, sine inverse Lomax-Rayleigh, sine inverse Lomax-Frèchet and sine inverse Lomax-Lomax models are proposed. Maximum likelihood estimation of model parameters is proposed in this paper. For the purpose of evaluating the performance of maximum likelihood estimates, a simulation study is conducted. Two real life datasets are analyzed by the sine inverse Lomax-Lomax model, and we show that providing flexibility and more fitting than known nine models derived from other generated families.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnlmpe:1267420
DOI: 10.1155/2021/1267420
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