%0 Journal Article %T Discrete Burr Type Iii Distribution %J American Journal of Mathematics and Statistics %@ 2162-8475 %D 2012 %I %R 10.5923/j.ajms.20120205.07 %X In this paper, the discrete Burr type III distribution is introduced using the general approach of discretizing a continuous distribution and proposed it as a suitable lifetime model. The equivalence of continuous and discrete Burr type III distribution is established. Some important distributional properties and estimation of the parameters, reliability, failure rate and the second rate of failure functions are discussed based on the maximum likelihood method and Bayesian approach. %K Burr Type III Distribution %K Discrete Lifetime Models %K Reliability %K Failure Rate %K Maximum Likelihood Estimation %K Bayes Estimation %U http://article.sapub.org/10.5923.j.ajms.20120205.07.html