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All published articles 500

On the use of ARIMA and GARCH in Modelling Nigeria’s Naira: Us Dollar Monthly Exchange Rates

Ahmad, Nafisatu Tanko, G. K. Musa, Musa, Salisu Auta & Muhammed Haruna · Asian Journal of Probability and Statistics · 2023

This paper aimed at modelling the volatility of monthly average official exchange rate (Naira/USD) using the Autoregressive Integrated Moving Average (ARIMA) and Generalized Autoregressive Conditional Heteroscedasticity (GARCH) for the period January, 1981 to December, 2021. The...

Open access Research Article 10.9734/ajpas/2023/v22i2479

Self-exciting Threshold Autoregressive Model with Application to Crude Oil Production in Nigeria

J. N. Onyeka-Ubaka & O. A. Ebiringa · Asian Journal of Probability and Statistics · 2023

In the last two years the price of oil and its fluctuations have reached levels never recorded in the history of international oil markets. The determinants of past, current, and future levels of the price of oil and its fluctuations have been the subject of analysis by academics...

Open access Research Article 10.9734/ajpas/2023/v22i1473

An Optimal Model and Production Planning in Upholstery by Linear Integer Programming

Orumie, Ukamaka Cynthia & Samuel Nvene · Asian Journal of Probability and Statistics · 2023

This research effort used an upholstery factory as a case study to apply the idea of integer programming for an ideal model. In order to allocate limited and readily available material resources to competing products (Bed (6x6ft), Bed (6x4ft), Wardrobe (6x6ft), Wardrobe (6x4ft),...

Open access Research Article 10.9734/ajpas/2023/v22i1474

Calibration Approach Ratio Estimators of Population Median in Stratified Random Sampling Design

C. S. Agbebia & E. I. Enang · Asian Journal of Probability and Statistics · 2023

Median as a measure of location gives a more robust estimate than the mean when dealing with heavy tailed or skewed distributions. It can also be used in cases of qualitative variables and open end intervals. Calibration, an approach that adjusts the original design weight by inc...

Open access Research Article 10.9734/ajpas/2023/v21i4472

A Discrete Analogue of Complementary Exponentiated-G Poisson Family of Distributions: Properties and Estimation

A. G. AL-Kashlan, M. A. Hegazy & A. A. EL-Helbawy · Asian Journal of Probability and Statistics · 2023

This paper presented a two discrete family of life distributions called discrete complementary exponentiated-G Poisson family and discrete Zubair-G family as a special case from discrete complementary exponentiated-G Poisson family. Some basic distributional properties are derive...

Open access Research Article 10.9734/ajpas/2023/v21i4471

Bayesian Estimation of Entropy for Kumaraswamy Distribution and Its Application to Progressively First-Failure Censored Data

A. A. Modhesh & Abdulkareem M. Basheer · Asian Journal of Probability and Statistics · 2023

Entropy can be mathematically defined as a measure of the uncertainty of random variables that represents the potential quantity of information. This article investigates the behavior of the entropy of random variables which follow a Kumaraswamy distribution using progressively f...

Open access Research Article 10.9734/ajpas/2023/v21i4470

Estimating Sojourn Time and Transition between Clinical States of HIV Patients under ART Follow up in Namibia

Simon Pombili Kashihalwa, Lilian Pazvakawambwa & Josua Mwanyekange · Asian Journal of Probability and Statistics · 2023

Background: Sojourn time refers to the amount of time a HIV patient spends in each clinical state in a single stay before he/she makes a transition to another state.  HIV can be broken down into a number of intermediate states, based on CD4 counts. The four states of the Markov p...

Open access Research Article 10.9734/ajpas/2023/v21i4468

A Generalized Approach for Estimation of a Finite Population Mean in Two-Phase Sampling

Ashish Tiwari, Manish Kumar & Sarvesh Kumar Dubey · Asian Journal of Probability and Statistics · 2023

The present paper deals with the formulation of a generalized class of ratio-cum-product estimators for the estimation of a finite population mean in two-phase sampling. The mathematical expressions for the mean square errors (MSEs) of the preliminary and proposed estimators are...

Open access Research Article 10.9734/ajpas/2023/v21i3467

Weibull-Inverse Exponential [Loglogistic] A New Distribution

Mahmoud Riad Mahmoud, Azza E. Ismail & Moshera A. M. Ahmad · Asian Journal of Probability and Statistics · 2023

The Weibull-inverse exponential-loglogistic distribution which is abbreviated as (Weibull-IE-loglogistc) is a member of the neotric T- inverse exponential family introduced previously by the authors. Properties of this distribution such as (mode, quantile function, median, hazard...

Open access Research Article 10.9734/ajpas/2023/v21i3466

Analysis of Post Covid-19 Lockdown Offline-Customer Service Delivery in Access Bank Akwanga Branch: A Queuing Theory Approach

Livinus L. Iwa & Monday A. Audu · Asian Journal of Probability and Statistics · 2023

Queues are formed when different people require similar services in the same place and at the same time interval, especially when current demand exceeds the current capacity to serve. In this paper, we present a post COVID-19 lockdown analysis of the offline-customer delivery uni...

Open access Research Article 10.9734/ajpas/2023/v21i3465

Evaluation of the Performance of Autoregressive Integrated Moving Average (ARIMA) and Artificial Neural Networks (ANNs) Models: Application to Confirmed Cases of Covid-19 in Nigeria

Olafioye, Sunday Omotola, Oguntade, Emmanuel Segun & Awogbemi, Clement Adeyeye · Asian Journal of Probability and Statistics · 2023

In this study, the performance of Autoregressive Integrated Moving Average (ARIMA) and Artificial Neural Networks (ANNs) models was investigated and evaluated using daily confirmed cases of COVID-19 in Nigeria. The stationarity status of the data collected was established using A...

Open access Research Article 10.9734/ajpas/2023/v21i3464

Relationship between Macroeconomic Variables and Dividend Payout of Some Listed Firms on the Ghana Stock Exchange Market: A Random Effect Analysis Approach

Ishaque Mahama · Asian Journal of Probability and Statistics · 2023

Aim: The objective of this study was to assess the impact of macroeconomic variables such as inflation, interest rate, exchange rate and market capitalization on dividend payout for some of firms listed on the Ghana Stock Exchange (GSE). Methods: The study used data spanning from...

Open access Research Article 10.9734/ajpas/2023/v21i3463

Combined Exponential-Type Estimators for Finite Population Mean in Two-Phase Sampling

G. M. Oyeyemi, I. Muhammad & A. O. Kareem · Asian Journal of Probability and Statistics · 2023

A family of exponential-type estimator for estimating population mean in two-phase sampling when the population proportion of the auxiliary character is available is proposed in this paper. Theoretically, the bias and minimum mean square error (MSE) for the proposed estimator are...

Open access Research Article 10.9734/ajpas/2023/v21i2462

A Study on the Causes of Low Level of Students in Undergraduate Level Compared to the Secondary School Level

Raga Hassan Ali Sheikh · Asian Journal of Probability and Statistics · 2023

This paper aims to study and address the phenomenon of low level of students in the university compared to their level in the secondary stage, through the study sample represented in the Faculty of Computer Science and Information Technology, Al-Neelain University (Batch 2019) us...

Open access Research Article 10.9734/ajpas/2023/v21i2461