Homogeneity versus Parsimony in Markov Manpower Models: A Hidden Markov Chain Approach
Everestus O. Ossai, Precious N. Ezra, Felix O. Ohanuba & Martin N. Eze · Asian Journal of Probability and Statistics · 2022
We aim at tackling the problem of inadequate specification of a Markov manpower model in this paper, by formulating a procedure for validating the inclusion or non-inclusion of some transition parameters in the model. The mover-stayer principle and its extensions are employed to...
Open access
Research Article
10.9734/ajpas/2022/v20i4441