Aims/ Objectives: To determine the appropriate utility function that models the trade o between health and wealth for HIV/AIDS patients on Antiretroviral Therapy in Kenya. Study Design: Retrospective study. Place and Duration of Study: Jomo Kenyatta University of Agriculture and...
Open access
Research Article10.9734/ajpas/2022/v20i130481
Aims: This study seeks to estimate QALYs for HIV/AIDS patients on ART in Kenya to quantitatively evaluate the health impact of ART treatment on patients. QALYs values are important as they form a basis for evidence based decision making and policy formulation in t...
Open access
Research Article10.9734/ajpas/2022/v20i130479
This paper studied the applications of genetic distances on Blood-group gene frequencies and their Statistical genetic similarities characterizing four populations, for data from Eakimo, Bantu, English and Korea. The study compared the following distances: Euclidean, squared Eucl...
Open access
Research Article10.9734/ajpas/2022/v20i130478
The traditional moment generating functions of random variables and their probability distributions are known to not exist for all distributions and/or at all points and, where they exist, serious difficult and tedious manipulations are needed for the evaluation of higher central...
Open access
Research Article10.9734/ajpas/2022/v19i430477
Modelling of data of claim amount is of paramount importance to manage risk reserve for payment of claims. Actuaries model uncertainty using probability distributions. In this research paper claim amount distribution of the data of an insurance concern has been estimated and anal...
Open access
Research Article10.9734/ajpas/2022/v19i430476
This paper considered the effect of student's entry requirements, Secondary school type and Cumulative Grade Point Average of the 2014/2015 final year students of the four faculties of the Taraba State University. Primary data was collected through the use of a questionnaire fro...
Open access
Research Article10.9734/ajpas/2022/v19i430475
The reliability of a component depends on the stress conditions of the operating environment, which are uncertainty and should be modeled as random. This article deals with the estimation of the stress-strength reliability parameter of Weibull-Rayleigh distribution. Let X and Y b...
Open access
Research Article10.9734/ajpas/2022/v19i430473
In this article, we suggest some novel estimators of population Coefficient of Variation (CV) of the study variable using the known information on an auxiliary variable like population mean and population variance. Up to the first order of approximation, formulas for the bias an...
Open access
Research Article10.9734/ajpas/2022/v19i430474
The preference of the proper distribution for modelling data is often a substantial concern to researchers and practitioners. For this reason, new statistical distributions or the generalizations of well-known distributions have been proposed for exible modeling. Weighted distrib...
Open access
Research Article10.9734/ajpas/2022/v19i330472
This study is to determine the effect of temperature on workplace attitude, which led to the investigation of a circular pattern of temperature changes. The idea of time series data being presented in circular form since time itself rotates around the circle of a clock was the mo...
Open access
Research Article10.9734/ajpas/2022/v19i330470
This paper considers a new risk model with a constant dividend barrier, which the claim amount affected by a threshold value. The hypothesis of the model is presented and the integro-differential equation for the Gerber-Shiu penalty function is given. Then the linear solution of...
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Research Article10.9734/ajpas/2022/v19i330471
Random time changed Lévy Processes are getting increased attention of late as they can account for a variety of features in data. In this article we discuss \(\alpha\)-Laplace Lévy Process and a generalization of it. Both are random time changed \(\alpha\)-stable Lévy Processes....
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Research Article10.9734/ajpas/2022/v19i330469
Central composite design (CCD) is the most commonly used fractional factorial design used in the response surface model. Kim [1] proposed second order rotatable designs (SORD) of second type using CCD, in which the positions of axial points are indicated by two numbers\(\left(a_{...
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Research Article10.9734/ajpas/2022/v19i330468
In the context of the classical two-player gambler's ruin problem, the winning probabilities and initial stakes are pre-decided. If a player (who is in financial crisis) starts with less amount than his/her opponent in the symmetric game, has more chances to be ruined. Besides, a...
Open access
Research Article10.9734/ajpas/2022/v19i230467
In this article we obtain the first passage time distribution of α-stable Levy processes. We derive the moment estimators of the parameters of α-inverse Gaussian laws and also their asymptotic distribution.
Open access
Research Article10.9734/ajpas/2022/v19i230465