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All published articles 500

Modeling Volatility of Asset and Volume of Trade Returns in the Nigerian Stock Market in the Presence of Random Level Shifts

David Adugh Kuhe, Moses Abanyam Chiawa, Sylvester Chigozie Nwaosu & Jonathan Atsua Ikughur · Asian Journal of Probability and Statistics · 2019

This study investigated the impact of volatility shock persistence on the conditional variance in the Nigerian stock returns using symmetric and asymmetric higher order GARCH family models in the presence of random level shifts and non-Gaussian errors. The study utilised Bai and...

Open access Research Article 10.9734/ajpas/2019/v3i230091

Analysis and Modelling of Extreme Rainfall: A Case Study for Dodoma, Tanzania

Emmanuel Iyamuremye, Samson W. Wanyonyi & Drinold A. Mbete · Asian Journal of Probability and Statistics · 2019

The analysis of climate change, climate variability and their extremes has become more important as they clearly affect the human society and ecology. The impact of climate change is reflected by the change of frequency, duration and intensity of climate extreme events in the env...

Open access Research Article 10.9734/ajpas/2019/v3i230086

Fitting Probability Distribution Function to Malaria Incidence Data

Drinold Mbete, Kennedy Nyongesa & Joseph Rotich · Asian Journal of Probability and Statistics · 2019

Abstract: Malaria remains a major infectious disease that affects millions of people. Once infected with Plasmodium parasites, a host can develop a broad range of clinical presentations, which result from complex interactions between factors derived from the host, the parasite an...

Open access Research Article 10.9734/ajpas/2019/v3i230087

Comparison of Different Parametric Methods in Handling Critical Multicollinearity: Monte Carlo Simulation Study

Obubu Maxwell, C. Nwokike Chukwudike, O. Virtus Chinedu, C. Okoye Valentine & Obite Chukwudi Paul · Asian Journal of Probability and Statistics · 2019

In regression analysis, it is relatively necessary to have a correlation between the response and explanatory variables, but having correlations amongst explanatory variables is something undesired. This paper focuses on five methodologies for handling critical multicollinearity,...

Open access Research Article 10.9734/ajpas/2019/v3i230085

Modelling the Nigeria Crude Oil Prices Using ARIMA, Pre-intervention and Post-intervention Model

Wiri, Leneenadogo & Tuaneh, Godwin Lebari · Asian Journal of Probability and Statistics · 2019

The study applied Autoregressive Integrated Moving Average Intervention in modelling crude oil prices in Nigeria spanning the period from January 1986 to June 2017. The time plot of the series showed an abrupt increase in the series and this called for intervention modelling. The...

Open access Research Article 10.9734/ajpas/2019/v3i130083

Central Limit Theorem and Its Applications in Determining Shoe Sizes of University Students

Mbuba Morris Mwiti, Samson W. Wanyonyi & Davis Mwenda Marangu · Asian Journal of Probability and Statistics · 2019

The Central limit theorem is a very powerful tool in statistical inference and Mathematics in general, since it has numerous applications such as in topology and many other areas. For the case of probability theory, it states that, “given certain conditions, the sample mean of a...

Open access Research Article 10.9734/ajpas/2019/v3i130082

Recovering a Random Variable from Conditional Expectations Using Reconstruction Algorithms for the Gauss Radon Transform

Jeremy Becnel & Daniel Riser-Espinoza · Asian Journal of Probability and Statistics · 2019

The Radon transform maps a function on n-dimensional Euclidean space onto its integral over a hyperplane. The fields of modern computerized tomography and medical imaging are fundamentally based on the Radon transform and the computer implementation of the inversion, or reconstru...

Open access Research Article 10.9734/ajpas/2019/v3i130081

An Extended Pranav Distribution

O. R. Uwaeme, N. P. Akpan & U. C. Orumie · Asian Journal of Probability and Statistics · 2019

In this study, we proposed a generalization of the Pranav distribution by Shukla (2018). This new distribution called an extended Pranav distribution is obtained using the exponentiation method. The statistical characteristics of this new distribution such as the moments, moment...

Open access Research Article 10.9734/ajpas/2018/v2i430078

Bayesian Estimation of the Scale Parameter of the Weimal Distribution

Tajan Mashingil Mabur, Aisha Omale, Ahmed Lawal, Mustapha Mohammed Dewu & Sa’ad Mohammed · Asian Journal of Probability and Statistics · 2019

This article aims at estimating the scale parameter of the Weimal distribution using Bayesian method and comparing the estimators obtained to the estimator of the scale parameter obtained from the method of maximum likelihood. Under Bayesian approach, the estimators are obtained...

Open access Research Article 10.9734/ajpas/2018/v2i429944

Unrestricted Vector Autoregressive Modelling of the Interaction among Oil Price, Exchange Rate and Inflation in Nigeria (1981–2017)

G. L. Tuaneh & L. Wiri · Asian Journal of Probability and Statistics · 2019

The interdependence among oil prices, exchange rates and inflation rates, and their response to shocks, was a cause of concern. Unrestricted Vector Autoregression (UVAR) was employed to analyse this interactions as well as to investigate the pattern of causality among the study v...

Open access Research Article 10.9734/ajpas/2018/v2i429946