A Fibonacci-type probability distribution provides the probabilistic models for establishing stopping rules associated with the number of consecutive successes. It can be interpreted as a generalized version of a geometric distribution. In this article, after revisiting the Fibonacci-type...

A Fibonacci-type probability distribution provides the probabilistic models for establishing stopping rules associated with the number of consecutive successes. It can be interpreted as a generalized version of a geometric distribution. In this article, after revisiting the Fibonacci-type...

Modelling lifetime data with simple mathematical representations and an ease in obtain ing the parameter estimate of survival models are crucial quests pursued by survival re searchers. In this paper, we derived and introduced a one-parameter distribution called the Agu-Eghwerido (AGUE)...

In this paper, we propose a new multivariate mean-reverting model incorporating state-of-the art 4/2 stochastic volatility and a convenient principal component stochastic volatility (PCSV) decomposition for the stochastic covariance. We find a quasi closed-form characteristic function and...

In this paper, we propose a new multivariate mean-reverting model incorporating state-of-the art 4/2 stochastic volatility and a convenient principal component stochastic volatility (PCSV) decomposition for the stochastic covariance. We find a quasi closed-form characteristic function and...

Modelling lifetime data with simple mathematical representations and an ease in obtain ing the parameter estimate of survival models are crucial quests pursued by survival re searchers. In this paper, we derived and introduced a one-parameter distribution called the Agu-Eghwerido (AGUE)...

This paper examines the impact of the parameters of the distribution of the time at which a bank's client defaults on their obligated payments, on the Lundberg adjustment coefficient, the upper and lower bounds of the ruin probability. We study the corresponding ruin probability on the...