Abstract
In the present study, we propose a new family of distributions namely the Pareto-X family. A sub model of the proposed family called Pareto-Weibull (PW) distribution is discussed. The maximum likelihood estimators of the model parameters are obtained. Different distributional properties of the distribution are described. In order to assess the applicability of the model, two real-life applications from environmental and biological study are considered. The practical applications show that the proposed model provides better fitness than any other models used in this study.
Publisher
Pakistan Journal of Statistics and Operation Research
Subject
Management Science and Operations Research,Statistics, Probability and Uncertainty,Modeling and Simulation,Statistics and Probability
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