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Length-Biased Weighted Lomax Distribution: Statistical Properties and Application
- Source :
- Pakistan Journal of Statistics and Operation Research, Vol 12, Iss 2, Pp 245-255 (2016)
- Publication Year :
- 2016
- Publisher :
- University of the Punjab, 2016.
-
Abstract
- The concept of length-biased distribution can be employed in development of proper models for lifetime data. Length-biased distribution is a special case of the more general form known as weighted distribution. In this paper we introduce a new class of length-biased weighted Lomax distribution, (LBWLD). The statistical properties of this distribution are derived and the model parameters are estimated by maximum likelihood estimation and the observed information matrix is determined. An application to real data set is finally presented for illustration.
- Subjects :
- Statistics and Probability
Management Science and Operations Research
01 natural sciences
Three-point estimation
Ratio distribution
symbols.namesake
0504 sociology
Statistics
Applied mathematics
Length biased weighted Lomax distribution, Reliability Ananlysis, Maximum likelihood estimation, Fisher information matrix,AIC, AICC, BIC
0101 mathematics
Fisher information
lcsh:Statistics
lcsh:HA1-4737
Mathematics
lcsh:Mathematics
010102 general mathematics
05 social sciences
050401 social sciences methods
lcsh:QA1-939
Distribution fitting
Data set
Observed information
Posterior predictive distribution
Modeling and Simulation
symbols
Lomax distribution
Statistics, Probability and Uncertainty
Subjects
Details
- Language :
- English
- ISSN :
- 22205810 and 18162711
- Volume :
- 12
- Issue :
- 2
- Database :
- OpenAIRE
- Journal :
- Pakistan Journal of Statistics and Operation Research
- Accession number :
- edsair.doi.dedup.....02319907b0702ae1ea564b309d25d1bc