Research Article

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

Table 2

Simulation study at , , , and .

ParametersMeansBiasRMSE

250.88970.2947
1.09380.09380.3420
1.11100.11100.2602
1.03300.03300.2509

500.91890.2172
1.05920.05920.2449
1.05450.05450.1671
1.03970.03970.2082

1000.94900.1593
1.04650.04650.1733
1.00960.00960.1137
1.04700.04700.1514