Revista Colombiana de Estadística (Jun 2014)

The Poisson-Lomax Distribution

  • BANDER AL-ZAHRANI,
  • HANAA SAGOR

DOI
https://doi.org/10.15446/rce.v37n1.44369
Journal volume & issue
Vol. 37, no. 1
pp. 225 – 245

Abstract

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In this paper we propose a new three-parameter lifetime distribution with upside-down bathtub shaped failure rate. The distribution is a compound distribution of the zero-truncated Poisson and the Lomax distributions (PLD). The density function, shape of the hazard rate function, a general expansion for moments, the density of the rth order statistic, and the mean and median deviations of the PLD are derived and studied in detail. The maximum likelihood estimators of the unknown parameters are obtained. The asymptotic confidence intervals for the parameters are also obtained based on asymptotic variance-covariance matrix. Finally, a real data set is analyzed to show the potential of the new proposed distribution.

Keywords