Comparison of Least Square Method with MLE Method to Approximate as Determine the Parameters of Lomax Distribution by Simulation

Abstract

In this paper, we mention the concepts of one of the most important statistical distributions Lomax, Lomax distribution has vast results in may area.   Simulation studies are conducted to evaluate the performances of the proposed method.  Here the estimation methods used are MLE LSE and these methods compare with the MSE and TD methods.