Research Article

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

Table 3

Simulation study at , , , and .

ParametersMeansBiasRMSE

251.84150.7105
2.16050.16050.7190
2.21960.21960.4790
2.01910.01910.3825

501.91710.5363
2.11750.11750.5653
2.11550.11550.3550
2.00550.00550.3407

1001.98810.3892
2.08900.08900.4110
2.05070.05070.2777
1.98620.2962