Open Access. Powered by Scholars. Published by Universities.®
Physical Sciences and Mathematics Commons™
Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 4 of 4
Full-Text Articles in Physical Sciences and Mathematics
The Performance Of Arima And Arfima In Modelling The Exchange Rate Of Nigeria Currency To Other Currencies, Adewole Ayoade I.
The Performance Of Arima And Arfima In Modelling The Exchange Rate Of Nigeria Currency To Other Currencies, Adewole Ayoade I.
Al-Bahir Journal for Engineering and Pure Sciences
Economic performance of a nation depends majorly on the stability of foreign exchange rate; the economic viability hangs on the exchange rate of local currencies against other currencies across the globe. Box – Jenkins Approach was employed to model the Naira exchange rate to other major currencies using Autoregressive Integrated Moving Average (ARIMA) and The autoregressive fractional integral moving average (ARFIMA) models. This studies aimed on measuring forecast ability of Autoregressive Integrated Moving Average (ARIMA) (p,d,q) and autoregressive fractional integral moving average (ARFIMA) (p, fd, q) models for stationary type series that exhibit features of Long memory properties. Results indicate …
Sensitivity Analysis Of Prior Distributions In Regression Model Estimation, Ayoade I Adewole, Oluwatoyin K. Bodunwa
Sensitivity Analysis Of Prior Distributions In Regression Model Estimation, Ayoade I Adewole, Oluwatoyin K. Bodunwa
Al-Bahir Journal for Engineering and Pure Sciences
Bayesian inferences depend solely on specification and accuracy of likelihoods and prior distributions of the observed data. The research delved into Bayesian estimation method of regression models to reduce the impact of some of the problems, posed by convectional method of estimating regression models, such as handling complex models, availability of small sample sizes and inclusion of background information in the estimation procedure. Posterior distributions are based on prior distributions and the data accuracy, which is the fundamental principles of Bayesian statistics to produce accurate final model estimates. Sensitivity analysis is an essential part of mathematical model validation in obtaining …
A New Generalized Gamma-Weibull Distribution And Its Applications, Nihimat Iyebuhola Aleshinloye, Samuel Adewale Aderoju, Alfred Adewole Abiodun, Bako Lukmon Taiwo
A New Generalized Gamma-Weibull Distribution And Its Applications, Nihimat Iyebuhola Aleshinloye, Samuel Adewale Aderoju, Alfred Adewole Abiodun, Bako Lukmon Taiwo
Al-Bahir Journal for Engineering and Pure Sciences
In this paper, a New Generalized Gamma-Weibull (NGGW) distribution is developed by compounding Weibull and generalized gamma distribution. Some mathematical properties such as moments, Rényi entropy and order statistics are derived and discussed. The maximum likelihood estimation (MLE) method is used to estimate the model parameters. The proposed model is applied to two real-life datasets to illustrate its performance and flexibility as compared to some other competing distributions. The results obtained show that the new distribution fits each of the data better than the other competing distributions.
Biasing Estimator To Mitigate Multicollinearity In Linear Regression Model, Abdulrasheed Bello Badawaire, Issam Dawoud, Adewale Folaranmi Lukman, Victoria Laoye, Arowolo Olatunji
Biasing Estimator To Mitigate Multicollinearity In Linear Regression Model, Abdulrasheed Bello Badawaire, Issam Dawoud, Adewale Folaranmi Lukman, Victoria Laoye, Arowolo Olatunji
Al-Bahir Journal for Engineering and Pure Sciences
A new two-parameter estimator was developed to combat the threat of multicollinearity for the linear regression model. Some necessary and sufficient conditions for the dominance of the proposed estimator over ordinary least squares (OLS) estimator, ridge regression estimator, Liu estimator, KL estimator, and some two-parameter estimators are obtained in the matrix mean square error sense. Theory and simulation results show that, under some conditions, the proposed two-parameter estimator consistently dominates other estimators considered in this study. The real-life application result follows suit.