American Journal of Applied Mathematics and Statistics
ISSN (Print): 2328-7306 ISSN (Online): 2328-7292 Website: http://www.sciepub.com/journal/ajams Editor-in-chief: Mohamed Seddeek
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American Journal of Applied Mathematics and Statistics. 2013, 1(6), 121-127
DOI: 10.12691/ajams-1-6-3
Open AccessArticle

Transmuted Lomax Distribution

S.K. Ashour1, and M.A. Eltehiwy1

1Institute of Statistical Studies & Research, Cairo University, Egypt

Pub. Date: December 20, 2013

Cite this paper:
S.K. Ashour and M.A. Eltehiwy. Transmuted Lomax Distribution. American Journal of Applied Mathematics and Statistics. 2013; 1(6):121-127. doi: 10.12691/ajams-1-6-3

Abstract

A generalization of the Lomax distribution so-called the transmuted Lomax distribution is proposed and studied. Various structural properties including explicit expressions for the moments, quantiles, and mean deviations of the new distribution are derived. The estimation of the model parameters is performed by maximum likelihood method. We hope that the new distribution proposed here will serve as an alternative model to the other models which are available in the literature for modeling positive real data in many areas.

Keywords:
Lomax distribution hazard rate function reliability function parameter estimation

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