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Samuel Olorunfemi Adams

Publications (7)

Principal Component Analysis of Nigerian Economy from 2006 – 2017

Samuel Olorunfemi Adams, Muhammad Ardo Bamanga & Amina Mbusube · Asian Journal of Advanced Research and Reports · 2019

The economy of a developing country like Nigeria depends mainly on crude oil exploration, currently other economic factors such as Agriculture, Industrialization, Manufacturing, other available mineral resources e.t.c., are not properly harnessed to improve the country’s GDP. A d...

Open access Research Article 10.9734/ajarr/2019/v5i430139

A New Smoothing Method for Time Series Data in the Presence of Autocorrelated Error

Samuel Olorunfemi Adams & Rueben Adeyemi Ipinyomi · Asian Journal of Probability and Statistics · 2019

Spline Smoothing is used to filter out noise or disturbance in an observation, its performance depends on the choice of smoothing parameters. There are many methods of estimating smoothing parameters; most popular among them are; Generalized Maximum Likelihood (GML), Generalized...

Open access Research Article 10.9734/ajpas/2019/v4i430121

Seasonal Autoregressive Integrated Moving Average (SARIMA) Model for the Analysis of Frequency of Monthly Rainfall in Osun State, Nigeria

Samuel Olorunfemi Adams, Bello Mustapha & Auta Irinew Alumbugu · Physical Science International Journal · 2019

The Seasonal Autoregressive Integrated Moving Average (SARIMA) model is proposed for Osun State monthly rainfall data and the analysis was based on probability time series modeling approach. The Plot of the original data shows that the time series is stationary and the Augmented...

Open access Research Article 10.9734/psij/2019/v22i430139

Nigeria Government’s Expenditure on Economic and Social Service Development: A Canonical Correlation Analysis Approach

Rafiu Olayinka Akano & Samuel Olorunfemi Adams · Archives of Current Research International · 2019

The study examine the effect of Government’s expenditure on economic and social services development in Nigeria over the period of 1961 to 2018. The study used Canonical Correlation Analysis, the test carried out include; Structure Vector for Economic and social Service and Redun...

Open access Research Article 10.9734/acri/2019/v18i430142

Modelling Nigeria Naria Exchange Rate against Some Selected Country’s Currencies Volatility: Application of GARCH Model

Ajayi Abdulhakeem, Samuel Olorunfemi Adams & Rafiu Olayinka Akano · Asian Journal of Probability and Statistics · 2019

This paper examines the exchange rate volatility with GARCH-type model of the daily exchange rate return series from January 2012 – August 2016 for Naira/Chinese Yuan, Naira/India Rupees, Naira/Spain Euro, Naira/UK Pounds and Naira/US Dollar returns. The studies compare estimates...

Open access Research Article 10.9734/ajpas/2019/v5i130128

A Bayesian Framework for Estimating the Shape Parameter of an Exponential Poisson-lindley Distribution

Omale Aisha, Oguntade Emmanuel Segun & Samuel Olorunfemi Adams · Asian Journal of Advanced Research and Reports · 2026

A Bayesian analysis of the shape parameter of an Exponential Poisson Lindley Distribution (ExPLinD) is presented in this study. This study examined the Bayesian estimation of the shape parameters of an ExPLinD using both informative and non-informative priors. Uniform and Jeffrey...

Open access Research Article 10.9734/ajarr/2026/v20i41337

Impact of Foreign Direct Investment on Employment and Unemployment Rate in Nigeria: Application of Vector Autoregression(VAR) Models (1960-2014)

Ajayi, Abdulhakeem, Rafiu Olayinka Akano & Samuel Olorunfemi Adams · Asian Journal of Advanced Research and Reports · 2019

Unemployment is one of the major problem affecting Nigeria’s economy and its’ society, the rate of unemployment have increased over the years. This study’s aim is to investigate the impact of Foreign Direct Investment (FDI) on the employment and unemployment rate in Nigeria. The...

Open access Research Article 10.9734/ajarr/2019/v6i130141