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An Alternative Hybrid Estimator of Finite Population Mean in Simple Random Sampling

T. Uba, A. J. Ikughur & S. C. Nwaosu · Asian Journal of Probability and Statistics · 2021

In this paper, we propose an alternative hybrid estimator of finite population mean in simple random sampling without replacement (SRSWOR). This proposed estimator is a modification of Rashid et al. [1] estimator. The expressions for the bias and Mean Square Error (MSE) of the es...

Open access Research Article 10.9734/ajpas/2021/v15i430379

On the Revenue Generation of the Internally Generated Funds across Twifo Hemang Lower Denkyira District Assembly

Bridget Sena Borbor, Joshua Kwaku Hodinyah & Ali Abubakar · Asian Journal of Probability and Statistics · 2021

Balancing the budget is one of the most important concerns of financial policy. Improving the quality of revenue and expenditure projections has become essential for policymakers. However, The most crucial component in sustaining success in terms of revenue generation and other g...

Open access Research Article 10.9734/ajpas/2021/v15i430380

Fixed Point Results for Rational Type Contraction in A-Metric Spaces

Babita Pandey, Manoj Ughade & Amit Kumar Pandey · Asian Journal of Probability and Statistics · 2021

The goal of this paper is to define rational contraction in the context of A-metric spaces and to develop various fixed-point theorems in order to elaborate, generalize, and synthesize several previously published results. Finally, to illustrate the new theorem, an example is giv...

Open access Research Article 10.9734/ajpas/2021/v15i430381

Comparative Performance of ARIMA and GARCH Model in Forecasting Crude Oil Price Data

Atanu, Enebi Yahaya, Ette, Harrison Etuk & Amos, Emeka · Asian Journal of Probability and Statistics · 2021

This study compares the performance of Autoregressive Integrated Moving Average (ARIMA) and Generalized Autoregressive Conditional Heteroskedasticity models in forecasting Crude Oil Price data as obtained from (CBN 2019) Statistical Bulletin.  The forecasting of Crude Oil Price,...

Open access Research Article 10.9734/ajpas/2021/v15i430378

Exponentiated Frechet Distribution with Application in Temperature of Assam, India Overview with New Properties and Estimation

Umme Habibah Rahman & Tanusree Deb Roy · Asian Journal of Probability and Statistics · 2021

In this paper, a new kind of distribution has suggested with the concept of exponentiate. The reliability analysis including survival function, hazard rate function, reverse hazard rate function and mills ratio has been studied here. Its quantile function and order statistics are...

Open access Research Article 10.9734/ajpas/2021/v15i430375

Impact of Measurement Error on the Power Function of Average Control Chart under Non-Normal Population

U. Mishra & J. R. Singh · Asian Journal of Probability and Statistics · 2021

In the present article, effect of measurement error on the power function of control charts for mean with control limits is considered based on non-normal population. The non-normality is represented by the first four terms of an Edge-worth series. Tabular and visual comparison i...

Open access Research Article 10.9734/ajpas/2021/v15i430376

On The Efficiency of Almost Unbiased Mean Imputation When Population Mean of Auxiliary Variable is UnknownOn The Efficiency of Almost Unbiased Mean Imputation When Population Mean of Auxiliary Variable is Unknown

A. Audu, A. Danbaba, S. K. Ahmad, N. Musa, A. Shehu, A. M. Ndatsu & A. O. Joseph · Asian Journal of Probability and Statistics · 2021

Human-assisted surveys, such as medical and social science surveys, are frequently plagued by non-response or missing observations. Several authors have devised different imputation algorithms to account for missing observations during analyses. Nonetheless, several of these impu...

Open access Research Article 10.9734/ajpas/2021/v15i430377

Relationship among Continuous Probability Distributions and Interpolation

Kelachi P. Enwere & Uchenna P. Ogoke · Asian Journal of Probability and Statistics · 2021

Aims: The Study seeks to determine the relationship that exists among Continuous Probability Distributions and the use of Interpolation Techniques to estimate unavailable but desired value of a given probability distribution. Study Design: Statistical Probability tables for Norma...

Open access Research Article 10.9734/ajpas/2021/v15i430374

Modeling Coronavirus Pandemic Using Univariate and Multivariate Models: The Nigerian Perspective

Ibrahim Adamu, Chukwudi Justin Ogbonna, Yunusa Adamu & Yahaya Zakari · Asian Journal of Probability and Statistics · 2021

Corona virus Disease, a disease which was discovered in December, 2019 has been spreading worldwide like wildfire. In view of this, there is need of continuous findings on the impact, consequence and possible medications of the pandemic in Nigeria and the world at large. Therefor...

Open access Research Article 10.9734/ajpas/2021/v15i430370

An Introspective Overview of the Dynamics of Recurrent Events Data Analysis

Anthony Joe Turkson, Timothy Simpson & John Awuah Addor · Asian Journal of Probability and Statistics · 2021

A recurrent event remains the outcome variable of interest in many biometric studies. Recurrent events can be explained as events of defined interest that can occur to same person more than once during the study period. This study presents an overview of different pertinent recur...

Open access Research Article 10.9734/ajpas/2021/v15i430371

Bivariate Compound Exponentiated Survival Function of the Lomax Distribution: Estimation and Prediction

R. M. Refaey, G. R. AL-Dayian & A. A. EL-Helbawy · Asian Journal of Probability and Statistics · 2021

In this paper, bivariate compound exponentiated survival function of the Lomax distribution is constructed based on the technique considered by AL-Hussaini (2011). Some properties of the distribution are derived. Maximum likelihood estimation and prediction of the future observat...

Open access Research Article 10.9734/ajpas/2021/v15i430372

Kumaraswamy-Janardan Distribution: A Generalized Janardan Distribution with Application to Real Data

Nelson Doe Dzivor, Henry Otoo & Eric Neebo Wiah · Asian Journal of Probability and Statistics · 2021

The quest to improve on flexibility of probability distributions motivated this research. Four-parameter Janardan generalized distribution known as Kumaraswamy-Janardan distribution is proposed through method of parameterization and studied. The probability density function, cumu...

Open access Research Article 10.9734/ajpas/2021/v15i430368

Queing Theory, a Tool for Polio Eradication in Nigeria

Raphael Ayan Adeleke, Ibrahim Ismaila Itopa & Sule Omeiza Bashiru · Asian Journal of Probability and Statistics · 2021

To curb the spread of contagious diseases and the recent polio outbreak in Nigeria, health departments must set up and operate clinics to dispense medications or vaccines. Residents arrive according to an external (not necessarily Poisson) Arrival process to the clinic. When a re...

Open access Research Article 10.9734/ajpas/2021/v15i430369

Gerber-Shiu Function in a Discrete-time Risk Model with Dividend Strategy

Junqing Huang & Zhenhua Bao · Asian Journal of Probability and Statistics · 2021

In this paper, a discrete-time risk model with dividend strategy and a general premium rate is considered. Under such a strategy, once the insurer’s surplus hits a constant dividend barrier , dividends are paid off to shareholders at  instantly. Using the roots of a generalizatio...

Open access Research Article 10.9734/ajpas/2021/v15i430367