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A Hybrid Dynamic Modeling Of Time-To-Event Processes And Applications, Emmanuel A. Appiah

USF Tampa Graduate Theses and Dissertations

In the survival and reliability data analysis, parametric and nonparametric methods are used to estimate the hazard/risk rate and survival functions. A parametric approach is based on the assumption that the underlying survival distribution belongs to some specific family of closed form distributions (normal, Weibull, exponential, etc.). On the other hand, a nonparametric approach is centered around the best-fitting member of a class of survival distribution functions. Moreover, the Kaplan-Meier and Nelson-Aalen type nonparametric approach do not assume either distribution class or closed-form distributions. Historically, well-known time-to-event processes are death of living specie in populations and failure of component in …

Stochastic Modeling And Analysis Of Energy Commodity Spot Price Processes, Olusegun Michael Otunuga

USF Tampa Graduate Theses and Dissertations

Supply and demand in the World oil market are balanced through responses to price movement with considerable complexity in the evolution of underlying supply-demand

expectation process. In order to be able to understand the price balancing process, it is important to know the economic forces and the behavior of energy commodity spot price processes. The relationship between the different energy sources and its utility together with uncertainty also play a role in many important energy issues.

The qualitative and quantitative behavior of energy commodities in which the trend in price of one commodity coincides with the trend in price of …