HEIGHT-DIAMETER CURVE ESTIMATION AND PREDICTION WITH VASICEK MODEL

Author(s):  
Petras Rupsys
2020 ◽  
Vol 4 (1) ◽  
pp. 1
Author(s):  
Christian Ebere Enyoh ◽  
Andrew Wirnkor Verla ◽  
Chidi Edbert Duru ◽  
Emmanuel Chinedu Enyoh ◽  
Budi Setiawan

Based on the official Nigeria Centre for Disease Control (NCDC) data, the current research paper modeled the confirmed cases of the novel coronavirus disease 2019 (COVID-19) in Nigeria. Ten different curve regression models including linear, logarithmic, inverse, quadratic, cubic, compound, power, S-curve, growth, and exponential were used to fit the obtained official data. The cubic (R2 = 0.999) model gave the best fit for the entire country. However, the growth and exponential had the lowest standard error of estimate (0.958) and thus may best be used. The equations for these models were e0.78897+0.0944x and 2.2011e0.0944x respectively. In terms of confirmed cases in individual State, quadratic, cubic, compound, growth, power and exponential models generally best describe the official data for many states except for the state of Kogi which is best fitted with S-curve and inverse models.  The error between the model and the official data curve is quite small especially for compound, power, growth and exponential models. The computed models will help to realized forward prediction and backward inference of the epidemic situation in Nigeria, and the relevant analysis help Federal and State governments to make vital decisions on how to manage the lockdown in the country.


2019 ◽  
Vol 8 (3) ◽  
pp. 246
Author(s):  
I MADE WAHYU WIGUNA ◽  
KETUT JAYANEGARA ◽  
I NYOMAN WIDANA

Premium is a sum of money that must be paid by insurance participants to insurance company, based on  insurance contract. Premium payment are affected by interest rates. The interest rates change according to stochastic process. The purpose of this work is to calculate the price of joint life insurance premiums with Vasicek and CIR models. The price of a joint life insurance premium with Vasicek and CIR models, at the age of the insured 35 and 30 years has increased until the last year of the contract. The price of a joint life insurance premium with Vasicek model is more expensive than the premium price using CIR model.


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