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On the Inverse Power Lomax Distribution

Amal S. Hassan () and Marwa Abd-Allah ()
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Amal S. Hassan: Cairo University
Marwa Abd-Allah: Cairo University

Annals of Data Science, 2019, vol. 6, issue 2, No 6, 259-278

Abstract: Abstract We introduce and study a new three-parameter lifetime distribution named as the inverse power Lomax. The proposed distribution is obtained as the inverse form of the power Lomax distribution. Some statistical properties of the inverse power Lomax model are implemented. Based on censored samples, maximum likelihood estimators of the model parameters are obtained. An intensive simulation study is performed for evaluating the behavior of estimators based on their biases and mean square errors. Superiority of the new model over some well-known distributions is illustrated by means of real data sets. The results revealed the fact that; the suggested model can produce better fits than some well-known distributions.

Keywords: Power Lomax distribution; Maximum likelihood; Type I censored sample; Type II censored sample (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (5)

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DOI: 10.1007/s40745-018-0183-y

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