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Asian Journal of Statistical Sciences

Asian Journal of Statistical Sciences

Frequency :Bi-Annual

ISSN :2582-9912

Peer Reviewed Journal

Table of Content :-Asian Journal of Statistical Sciences, Vol:4, Issue:1, Year:2024

Stationary Proportional Hazard Processes via Complementary Power Function Distribution Processes

BY :   B. G. Manjunath, Barry C. Arnold, and S. Sachdeva
Asian Journal of Statistical Sciences, Year: 2024,  Vol.4 (1),  PP.1-21
Received: 02 December 2023  | Revised: 23 May 2023  | Accepted : 14 August 2024  | Publication: 08 September 2024 

In the following, we introduce new proportional hazard (P.H.) processes, which are derived by a marginal transformation applied to complementary power function distribution (CPFD) processes. Also, we introduce two new Pareto processes, which are derived from the proportional hazard family. We discuss the distributional features of such processes, explore inferential aspects, and include an example of applications of the new processes to real-life data.

KEYWORDS: proportional hazard process; power function distribution process; complementary power function distribution process; pareto process, stationarity; markovian property.


On Comparison of Renewal and Trend Renewal Processes with respect to Stochastic Orderings

BY :   S. Ravi and Suman Kalyan Ghosh
Asian Journal of Statistical Sciences, Year: 2024,  Vol.4 (1),  PP.23-31
Received: 11 January 2024  | Accepted : 14 August 2024  | Publication: 08 September 2024 

Trend renewal processes (TRPs) were introduced by Lindqvist (1993) as a timetransformed renewal process. After a brief introduction to TRPs with possibly some new results, independent ordinary renewal processes (ORPs) and TRPs are compared with respect to some stochastic orderings between the generating inter-arrival time random variables, like, the usual stochastic order, hazard rate order, likelihood ratio order and variability order, and on the basis of the trend function. Some illustrations are given.

KEYWORDS: Hazard rate ordering, Likelihood ratio ordering, Renewal process, Stochastic ordering, Trend renewal process, Variability ordering.


Logarithmic with-zero-one distribution for count data modeling with excess zeroes and ones

BY :   C. Satheesh Kumar and A. Riyaz
Asian Journal of Statistical Sciences, Year: 2024,  Vol.4 (1),  PP.33-42
Received: 17 May 2023  | Accepted : 20 November 2023  | Publication: 08 September 2024 

Recently count data with excess zeroes and ones have received much attention in the literature due to its empirical needs and applications. Here we consider a new class of zero-one inflated version of the logarithmic-with-zero series distribution through its probability mass function. We derive the probability generating function, mean and variance of the proposed class of distribution and obtain expressions for its r-th raw moment and r-th factorial moments. The parameters of the distribution are estimated by the method of maximum likelihood and certain likelihood ratio test procedures are suggested. Further, the distribution has been fitted to certain real life data sets and thereby shown that the proposed model gives better fit to the data sets compared to existing models.

KEYWORDS: probability generating function; maximum likelyhood estimato; zero-one inflated distributions; factorial moments.


GEOMETRIC MARGINAL ASYMMETRIC LAPLACE AND LINNIK DISTRIBUTION AND RELATED TIME SERIES MODEL

BY :   Mariamma Antony and A.P. Kuttykrishnan
Asian Journal of Statistical Sciences, Year: 2024,  Vol.4 (1),  PP.43-49
Received: 15 October 2023  | Accepted : 03 March 2024  | Publication: 07 September 2024 

Linnik distribution is heavy tailed compared to Laplace distribution and is used for modeling data sets in various fields especially in Finance and Economics. In this paper, a bivariate distribution related to geometric Pakes asymmetric Laplace and Linnik distribution is introduced and bivariate time series model corresponding to this distribution is developed.

KEYWORDS: Autoregressive process; Geometric marginal asymmetric Laplace and Linnik distribution; Geometric Pakes generalized asymmetric Linnik distribution; Geometric Stable distribution.


A Three Parameter Lifetime Distribution with Increasing, Decreasing and Bathtub Shaped Failure Rates

BY :   Jithu.G, C. Satheesh Kumar and V. Deneshkumar
Asian Journal of Statistical Sciences, Year: 2024,  Vol.4 (1),  PP.51-61
Received: 29 May 2023  | Accepted : 23 December 2023  | Publication: 07 September 2024 

In this paper, we propose an extension to the existing reduced Kies distribution called the extended reduced Kies (ExRKD) distribution. We study the properties of the ExRKD and utilize it on real-world COVID-19 datasets to estimate parameters with the help of maximum likelihood estimation (MLE) procedures. Also perform simulation studies to evaluate the asymptotic behaviour of the MLEs, offering insights into their performance and reliability.

KEYWORDS: Beta Weibull distribution; COVID-19; Kies distribution; maximum likelihood estimation; model selection; simulation.


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