On Maxwell–Lomax distribution: properties and applications
| Autor: | Alfred Adewole Abiodun, Aliyu Ismail Ishaq |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2022 |
| Předmět: | |
| Zdroj: | Arab Journal of Basic and Applied Sciences, Vol 29, Iss 1, Pp 221-232 (2022) |
| Druh dokumentu: | article |
| ISSN: | 25765299 2576-5299 |
| DOI: | 10.1080/25765299.2022.2093033 |
| Popis: | The development of new generalizations based on certain baseline probability distribution has become one of the current trends in distribution theory literature. New generators are often required to define wider distributions for modelling real life data. In this study, we proposed and studied a new generalization of Maxwell and Lomax distributions using the T-X method. Several structural and statistical properties of the proposed distribution were obtained such as moments, quantile function, survival and hazard functions, skewness, kurtosis and order statistics. The method of maximum likelihood estimation (MLE) was used to estimate the parameters of the proposed distribution. In addition, a simulation study was conducted to evaluate the performance of the MLE method. The proposed distribution was applied to two real life datasets to illustrate its flexibility. It was found that the proposed distribution was superior to offer a better fit than the other competing extensions of Lomax distributions considered in the study. |
| Databáze: | Directory of Open Access Journals |
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