Lehmann Type II-Lomax Distribution: Properties and Application to Real Data Set
Keywords:
Lehmann Type II, Lomax, compound distribution, moment, entropyAbstract
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.
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2023-03-29
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