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In this article, we define a new four-parameter model called Marshall-Olkin extended power Lomax distribution and study its properties. Limiting distributions of sample maxima and sample minima are derived. The… Click to show full abstract
In this article, we define a new four-parameter model called Marshall-Olkin extended power Lomax distribution and study its properties. Limiting distributions of sample maxima and sample minima are derived. The reliability of a system when both stress and strength follows the new distribution is discussed and associated characteristics are computed for a simulated data. Finally, utilizing maximum likelihood estimation, the goodness of the distribution is tested for a real data.
Keywords:
lomax distribution;
marshall olkin;
olkin extended;
extended power;
power lomax;
distribution
Journal Title: Pakistan Journal of Statistics and Operation Research
Year Published: 2020
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Journal Title: Pakistan Journal of Statistics and Operation Research
Year Published: 2020
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!