Abstract: - In this paper, we propose the estimation of Location (θ) and Scale (λ) parameters using the Median
Rank method (Benard's approximation) . We also computed Average Estimate (AE), Variance (VAR), Standard
Deviation (STD), Mean Absolute Deviation (MAD), Mean Square Error (MSE), Simulated Error (SE) and
Relative Absolute Bias (RAB) for both the parameters under complete sample based on 1000 simulations to
assess the performance of the estimators.
Keywords: Two parameter HLRD, Median Rank method (Benard's approximation),Montecarlo Simulation.