Abstract

In this paper, we introduce a new family of distributions based on the T-X transformation, the inverse exponential distribution, the odds function and the Lehmann type II distribution. We investigate its general mathematical properties, including moments, moment generating function, quantile function, entropies and order statistics. A statistical model is constructed from a special case of the family using the Bur III distribution (also known as exponentiated Lomax distribution) as baseline. The estimation of the parameters are performed by the maximum likelihood method and the least square method. Finally, we illustrate its importance by means of two applications to real life data sets.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call