Rayleigh Lomax Distribution
Journal: The Journal of Middle East and North Africa Sciences (Vol.4, No. 12)Publication Date: 2018-12-01
Authors : Maha Shabbir; Ayesha Riaz; Hina Gull;
Page : 1-4
Keywords : Lomax; reliability; Order Statistic; Maximum Likelihood;
Abstract
A three parameters composition of Rayleigh density and Lomax density is introduced in the study namely Rayleigh Lomax Distribution (RLD). The mathematical properties of the proposed model are studied which include mean, median, mode, generating functions, quantile functions, and others. The reliability analysis of the model is examined by means of various functions which include hazard, reverse hazard, cumulative hazard, and survival functions. In addition, the Order Statistic of the model is also discussed. The model is applied upon real data set to assess the usefulness and flexibility of the proposed model by the method of Maximum Likelihood.
Other Latest Articles
- IMPROVEMENT OF THE STATE FINANCIAL POLICY OF SUPPORT OF PUBLIC-PRIVATE PARTNERSHIPS AS AN INSTRUMENT FOR SOCIAL DEVELOPMENT
- MANAGEMENT BY FINANCIAL PROCESSES OF DECENTRALIZATION AND FORMING OF TERRITORIAL COMMUNITIES
- PRIORITY DIRECTIONS OF THE FINANCIAL SUPPORT OF THE POPULATION’S LIVING STANDARDS IN UKRAINE
- WORLD EXPERIENCE OF BUDGETARY REGULATION OF SOCIAL DEVELOPMENT
- FINANCIAL REGULATION OF MIGRATION PROCESSES BETWEEN UKRAINE AND THE EUROPEAN UNION: EUROPEAN INTEGRATION CONTEXT
Last modified: 2018-12-04 04:08:50