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The Marshall-Olkin Gumbel-Lomax distribution: properties and applications
Elebe Emmanuel Nwezza1, Fidelis Ifeanyi Ugwuowo2
1Department of Mathematics/Computer Science/Statistics/Informatics, Alex Ekwueme Federal University Ndufu-Alike Ikwo, Nigeria.
Abstract:
We introduce a new flexible five parameter lifetime distribution called Marshall-Olkin Gumbel-Lomax distribution. Some characterizations of the distribution such as the quantile function, moments, Trimmed L-moments, moment generating function, and order statistics are derived. The unknown parameters of the new distribution are estimated using the maximum likelihood approach. And the performance of the MLEs is examined through simulation studies. The potentials of the new distribution are illustrated using two real life data sets.
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