Open AccessTHE LOGISTIC INVERSE LOMAX DISTRIBUTION WITH PROPERTIES AND APPLICATIONS
Author(s) -
Ramesh Kumar Joshi,
Trichandra Multiple Campus Professor
Publication year - 2021
Publication title -
international journal of mathematics and computer research
Language(s) - English
Resource type - Journals
ISSN - 2320-7167
DOI - 10.47191/ijmcr/v9i1.02
Subject(s) - kurtosis , mathematics , lomax distribution , statistics , quantile function , cumulative distribution function , distribution fitting , probability density function , probability distribution , pareto distribution
In this article, a three-parameter continuous distribution is introduced called Logistic inverse Lomax distribution. We have discussed some mathematical and statistical properties of the distribution such as the probability density function, cumulative distribution function and hazard rate function, survival function, quantile function, the skewness, and kurtosis measures. The model parameters of the proposed distribution are estimated using three well-known estimation methods namely maximum likelihood estimation (MLE), least-square estimation (LSE), and Cramer-Von-Mises estimation (CVME) methods. The goodness of fit of the proposed distribution is also evaluated by fitting it in comparison with some other existing distributions using a real data set.