On Odds Generalized Exponential-Power Lomax Distribution

Abstract

A new distribution, called odds generalized exponential-power Lomax distribution is suggested for modeling lifetime data. Some structural properties of the new distribution including; quantiles, Renyi entropy, moments and distribution of order statistics are provided. The model parameters of the new distribution are estimated by the maximum likelihood method. Finally, applications to two real data sets are analyzed to illustrate the importance of the new distribution compared with some known distributions.