Properties and Application of the Suggested Exponentiated Lomax Distribution Family
DOI:
https://doi.org/10.24996/ijs.2023.64.5.27Keywords:
Exponentiated Lomax Distribution family, Modified Exponentiated Lomax Distribution, Restricted Exponentiated Lomax Distribution, maximum likelihood methodAbstract
The Exponentiated Lomax Distribution is considered one of the most commonly used continuous distribution which has a major role in analysing and modelling life time data. Therefore, A family was formed for the Exponential Lomax Distribution by introducing two new distributions as special case of the Exponentiated Lomax Distribution: (Modified Exponentiated Lomax Distribution (MELD) and Restricted Exponentiated Lomax Distribution (RELD. Furthermore, to assess the usefulness and flexibility, the two distributions were applied upon simulation study besides real application with real data set. The simulation results clearly shown the flexible performance of the maximum likelihood estimators for the parameter. Also, the real application results are clearly shown that the proposed distributions have outstanding performance than other considered distributions for all information criteria.