On New Weibull Inverse Lomax Distribution with Applications

Authors

Jamilu Yunusa Falgore, Department of Statistics, Ahmadu Bello University Zaria-Nigeria.Follow
Sani Ibrahim Doguwa, Department of Statistics, Ahmadu Bello University Zaria-Nigeria.Follow

Abstract

In this paper, simulation studies and applications of the New Weibull-Inverse Lomax (NWIL) distribution were presented. In the simulation studies, different sample sizes ranging from 30, 50, 100, 200, 300, to 500 were considered. Also, 1,000 replications were considered for the experiment. NWIL is a fat tail distribution. Higher moments are not easily derived except with some approximations. However, the estimates have higher precisions with low variances. Finally, the usefulness of the NWIL distribution was illustrated by fitting two data sets

Keywords

Entropy, MGF, Moments, NWIL, Simulation Studies.

Article Type

Article

How to Cite this Article

Falgore, Jamilu Yunusa and Doguwa, Sani Ibrahim (2022) "On New Weibull Inverse Lomax Distribution with Applications," Baghdad Science Journal: Vol. 19: Iss. 3, Article 4.
DOI: https://doi.org/10.21123/bsj.2022.19.3.0528