Abdullah M. Almarashi*
CMES-Computer Modeling in Engineering & Sciences, Vol.127, No.2, pp. 621-643, 2021, DOI:10.32604/cmes.2021.014407
Abstract In this paper, a modified form of the traditional inverse Lomax distribution is proposed and its characteristics are studied. The new distribution which called modified logarithmic transformed inverse Lomax distribution is generated by adding a new shape parameter based on logarithmic transformed method. It contains two shape and one scale parameters and has different shapes of probability density and hazard rate functions. The new shape parameter increases the flexibility of the statistical properties of the traditional inverse Lomax distribution including mean, variance, skewness and kurtosis. The moments, entropies, order statistics and other properties are discussed. Six methods of estimation are… More >
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