A New Generalization of Power Lomax Distribution
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Keywords:
Exponentiated-G family, Power Lomax distribution, Order statistics, momentsAbstract
A new generalization of the power Lomax (PL) distribution, called exponentiated power Lomax (EPL), is introduced for modeling lifetime data. Some statistical properties of the EPL distribution are provided. Explicit expressions for the quntile, moments, moment generating function, probability weighted moments and order statistics are studied. Maximum likelihood estimation technique is employed to estimate the model parameters are presented. In addition, the superiority of the EPL distribution is illustrated with applications to two real data sets.
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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.