Lehmann Type II-Lomax Distribution: Properties and Application to Real Data Set

Abstract

Authors: Alhaji Modu Isa, Aishatu Kaigama, Akeem Ajibola Adepoju and Sule Omeiza Bashiru

In this paper, we proposed a new compound probability distribution known as the Lehmann Type II-Lomax (LTL) distribution generated from the Lehmann Type II Family of distribution and derived some of its mathematical properties such as entropy, moments, moment-generating functions, and order statistics. Parameters of the new distribution were estimated using a maximum likelihood estimator. One dataset was used to illustrate the usefulness of the model. The newly developed model outperformed its competitors.