The four-parameter Fréchet distribution: Properties and applications

Autor: Fahad Aldossary, Mohamed Sowilem Hamed, Ahmed Z. Afify
Rok vydání: 2020
Předmět:
Zdroj: Pakistan Journal of Statistics and Operation Research. :249-264
ISSN: 2220-5810
1816-2711
DOI: 10.18187/pjsor.v16i2.3097
Popis: In this article, we propose a new four-parameter Fréchet distribution called the odd Lomax Fréchet distribution. The new model can be expressed as a linear mixture of Fréchet densities. We provide some of its mathematical properties. The estimation of the model parameters is performed by the maximum likelihood method. We illustrate the good performance of the maximum likelihood estimates via a detailed numerical simulation study. The importance and usefulness of the proposed distribution for modeling data are illustrated using two real data applications.
Databáze: OpenAIRE