The four-parameter Fréchet distribution: Properties and applications
Autor: | Fahad Aldossary, Mohamed Sowilem Hamed, Ahmed Z. Afify |
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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 |
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