A new improved form of the Lomax model: Its bivariate extension and an application in the financial sector

The Lomax model, also known as Pareto Type-II, has broad feasibility, especially in financing. This work introduces a new generalization of the Lomax model called the arc-sine exponentiation Lomax, which helps consider economic phenomena. The arc-sine exponentiation Lomax distribution captures a var...

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Bibliographic Details
Main Authors: Mustafa Kamal, Ramy Aldallal, Said G. Nassr, Aned Al Mutairi, M. Yusuf, Manahil SidAhmed Mustafa, Meshayil M. Alsolmi, Ehab M. Almetwally
Format: Article
Language:English
Published: Elsevier 2023-07-01
Series:Alexandria Engineering Journal
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S1110016823003861