Copula (linguistics)

Statistics

Multivariate statistics

Bivariate analysis

Applied mathematics

Multivariate normal distribution

Pareto distribution

Lomax distribution

Mathematics

Econometrics

Mathematical analysis

Generalization

Pakistan Journal of Statistics and Operation Research

A new generalization of Lomax distribution is derived and studied. Some of its useful properties are derived. A simple clayton copula is used to generate many bivariate and multivariate type models. We performed graphical simulations to assess the finite sample behavior of the estimations. The new model is employed in modelling three real data sets.

A Generalization of Lomax Distribution with Properties, Copula and Real Data Applications