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    The Lomax-Claim Model: Bivariate Extension and Applications to Financial Data by Jin Zhao, Humaira Faqiri, Zubair Ahmad, Walid Emam, M. Yusuf, A. M. Sharawy

    Published 2021-01-01
    “…Among them, the two-parameter Lomax distribution is one of the prominent models that can be used quite effectively for modeling data in management sciences, banking, finance, and actuarial sciences, among others. In the present article, we introduce a new three-parameter extension of the Lomax distribution via using a class of claim distributions. …”
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