Though a lot of research work is done with Pareto distribution as a basic model, inspired by the contents and some remarks in chapter 20 of Johnson etal (2004). The Pareto distribution called P (IV) model is selected for the purpose of our research investigation. Pareto distribution in its various forms is a model, finding applications in economics related random phenomena. A little attention is paid earlier in reliability and quality control applications. We found that the following aspects need further investigation on P(IV) model: i) Estimation of parameters from complete and...
Though a lot of research work is done with Pareto distribution as a basic model, inspired by the contents and some remarks in chapter 20 of Johnson ...