A New Generalization of the Lomax Distribution with Increasing, Decreasing, and Constant Failure Rate

Table 1

Simulation study at , , , and .

	Parameters	Means	Bias	RMSE
25		0.4849		0.1974
		0.5379	0.0379	0.2012
		0.5469	0.0469	0.1134
		0.5552	0.0552	0.3301
50		0.4913		0.1763
		0.5204	0.0204	0.1655
		0.5284	0.0284	0.0861
		0.5544	0.0544	0.2889
100		0.5080	0.0080	0.1603
		0.5131	0.0131	0.1334
		0.5100	0.0100	0.0658
		0.5394	0.0394	0.2355