Bivariate Compound Exponentiated Survival Function of the Lomax Distribution: Estimation and Prediction
R. M. Refaey, G. R. AL-Dayian, A. A. EL-Helbawy
Asian Journal of Probability and Statistics · pp. 163–184 · Published 14 Dec 2021
10.9734/ajpas/2021/v15i430372Abstract
In this paper, bivariate compound exponentiated survival function of the Lomax distribution is constructed based on the technique considered by AL-Hussaini (2011). Some properties of the distribution are derived. Maximum likelihood estimation and prediction of the future observations are considered. Also, Bayesian estimation and prediction are studied under squared error loss function. The performance of the proposed bivariate distribution is examined using a simulation study. Finally, a real data set is analyzed under the proposed distribution to illustrate its flexibility for real-life application.
Cited by 2
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