On New Weibull Inverse Lomax Distribution with Applications

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...

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Bibliographic Details
Main Authors: Jamilu Yunusa Falgore, Sani Ibrahim Doguwa
Format: Article
Language:Arabic
Published: College of Science for Women, University of Baghdad 2022-06-01
Series:Baghdad Science Journal
Online Access:https://bsj.uobaghdad.edu.iq/index.php/BSJ/article/view/4615
Description
Summary: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
ISSN:2078-8665
2411-7986