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On Five Parameter Beta Lomax Distribution

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Lomax (1954) developed Lomax Distribution (Pareto Type – II). In this paper, we have developed a new five parameter Beta Lomax Distribution from a three parameter Lomax Distribution. We have developed expressions for the rth moment; Skewness and Kurtosis of three parameters Lomax, and five parameters Beta Lomax Distribution. At the end, the Maximum Likelihood Estimators (MLE) of the parameters have also been obtained.
Title: On Five Parameter Beta Lomax Distribution
Description:
Lomax (1954) developed Lomax Distribution (Pareto Type – II).
In this paper, we have developed a new five parameter Beta Lomax Distribution from a three parameter Lomax Distribution.
We have developed expressions for the rth moment; Skewness and Kurtosis of three parameters Lomax, and five parameters Beta Lomax Distribution.
At the end, the Maximum Likelihood Estimators (MLE) of the parameters have also been obtained.

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