Some Properties of the Cosine Lomax Distribution with Applications
DOI:
https://doi.org/10.69923/d2awkq71Keywords:
Cosine-G family, Lomax Distribution, Moment, Incomplete Moment, and MLEAbstract
This paper introduces a new trigonometric distribution, named the Cosine Lomax (CLM) distribution. This distribution is a combination of the Lomax distribution and the Cosine-G family of distributions. Among the many mathematical moments, moment-generating function, incomplete moments, and the quantile function. We try to determine the model parameters using the maximum likelihood estimation method. Simulation studies evaluate the effectiveness of maximum likelihood estimators using bias and root mean square error. We applied the CLM distribution to two real-world datasets and tested for consistency using the Akaike information criterion, the consistent AIC, the Hannan-Quinn information criterion, the Bayesian information criterion, the Kolmogorov-Smirnov p-value, Cramer Von-Mises, and Andersen-Darling. The CLM model fared better when compared to the following distributions: Lomax, Inverse Lomax, Inverse Weibull, Burr Type X, Rayleigh, and Exponential, as well as measures of data set fit.
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