M. Rajaei Salmasi - Department of Mathematics, Urmia Branch, Islamic Azad University, Urmia, ‎Iran.

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.

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