Parameter Estimation of Extended Burr XII Distribution Using Principle of Maximum Entropy based on K-Records

Author(s):

M. Rajaei Salmasi *

Message:
Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:
In this paper a new method of parameter estimation was employed for extended Burr XII parameters using the principle of maximum entropy (POME) based on k-record values. The Monte Carlo simulation was applied to assess the performance of this method and compare it with some other well-known methods. The simulated results showed that POME performs better than the other methods.
Keywords:

POME , Parameter Estimation , Monte Carlo simulation , Extended Burr XII distribution , K-Records

Language:
English
Published:
International Journal of Industrial Mathematics, Volume:14 Issue: 2, Spring 2022
Pages:
177 to 182
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