On estimation of the stress-strength reliability on POLO distribution function

Abstract

In this paper, an estimation of the reliability of the stress-strength models for power Lomax distribution (POLO) has been presented. The suggested approach has been done using different estimation methods, such as maximum likelihood, moment, least square and shrinkage methods. A comparison between the outcomes results of the applied methods has been carried out based on mean square error (MSE) to investigate the best method and the obtained results have been displayed via MATLAB software package.

Keywords

• POLO distribution
• Reliability system
• Shrinkage weight
• Least square estimation method