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A New Compound Version of the Generalized Lomax Distribution for Modeling Failure and Service Times
Journal article   Open access

A New Compound Version of the Generalized Lomax Distribution for Modeling Failure and Service Times

S. Ansari, H. Rezk and Haitham M. Yousof
Pakistan journal of statistics and operation research, Vol.16(1), pp.95-107
01/01/2020

Abstract

Mathematics Physical Sciences Science & Technology Statistics & Probability
The main goal of this article is to introduce a new extension of the continuous Lomax distribution with a strong physical motivation. Some of its statistical properties such as moments, incomplete moments, moment generating function, quantile function, random number generation, quantile spread ordering and moment of the reversed residual life are derived. Two applications are provided to illustrate the importance and flexibility of the new model.
url
https://doi.org/10.18187/pjsor.v16i1.2851View
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