The Generalized Odd Lomax Generated Family of Distributions with Applications

The Generalized Odd Lomax Generated Family of Distributions with Applications

Through this article, a new generated family of distributions under the name of "Thegeneralized odd Lomax-G family" by adding three additional parameters to generalize anycontinuous baseline distribution is provided. For the generalized odd Lomax-G family mainproperties, stochastic orderings, entropy measures have been studied. Three special modelshave been discussed for the new family. By using the maximum likelihood method, Themodel parameters are estimated. Simulation is carried out for one of the sub-models tocheck the asymptotic behavior of the maximum likelihood estimates. We explained theefficiency of the new family by using four applications to the real world.

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