Lomax-Modified Weibull Distribution: A New Generalization
R. M. Mandouh *
Department of Mathematical Statistics, Institute of Statistical Studies and Research, Cairo University, Egypt.
*Author to whom correspondence should be addressed.
Abstract
In this paper, the Lomax-Modified Weibull distribution with five parameters is introduced as a new generalization of Modified Weibull distribution introduced by Sarhan and Zaindin (2009). Some properties of the new distribution are obtained. Estimation of the five unknown parameters will be discussed in the view of the likelihood and Bayesian principals. Also, a numerical example is provided.
Keywords: Bayesian estimation, lomax-modified weibull(L-MW) distribution, maximum likelihood estimates.