9 research outputs found

    A POISSON-AKASH INRAR(1) MODEL FOR OVER DISPERSED COUNT TIME SERIES

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    In this paper, a Poisson-Akash INAR(1) model was proposed in order to improve on the modelling of overdispersed stationary count time series. The estimators of the parameters of the model were derived using the Yule-Walker (YW) method and the conditional least squares (CLS) method. An expression for the conditional log-likelihood and the r-step ahead forecast were obtained for the model. Three overdispersed nonseasonal stationary count time series were modelled to illustrate the applicability of the proposed model as well as its capacity to outperform the competing INAR (1) models in modelling overdispersed stationary count time series and the result showed that the proposed model is a strong competitor in the analysis of overdispersed stationary count time series and can perform better than the competing INAR(1) models for some data sets

    Missing Value Estimation in a Nested-Factorial Design with Three Factors

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    When faced with unbalanced data, it is often necessary to estimate the necessary missingvalues before the application of the analysis of variance technique. Previous studies have shownthat dierent designs require dierent missing value estimators. With the introduction of somerelatively new statistical designs, it has become expedient to derive missing value estimatorsfor such designs. In this study, least squares estimators of missing values in a three-factornested-factorial design are derived. Properties of the estimators are equally determined. Anumerical example is given to show the application of the theoretical results obtained in thispaper. Our empirical results establish the appropriateness of the missing value estimationmethod presented in this study

    Markov Switching Vector Autoregressive Modelling of the Nigerian Stock Price and Oil Price Series

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     This article studied the relationship between stock prices and crude oil prices of Nigeria using a Markov switching model. Certain properties of the stock price series and crude oil price series such as breaks and stationarity, which are necessary before choosing a multivariate time series model for this relationship were investigated. Unit root and cointegration structural break tests were used where evidence of breaks exists. In particular, each of the series was found to be a nonlinear and nonstationary series with evidence of a structural break. The results of the unit root and cointegration tests in the presence of structural breaks indicated evidence of I (1) and no cointegration between the series. Consequently, a Markov switching VAR (MSM(2)-VAR(1)) model with two regimes was fitted to the data having established the suitability of the series to regime switching models. The results showed that high volatility regime occurs when the economy was under recession. Furthermore, there exists a positive relationship between stock prices and crude oil prices during the high volatility regime and a negative relationship during the low volatility regime.Keywords: MS-VAR, VAR, Crude oil prices, Stock prices, Markov Switching, Structural break <w:LsdException Locked="false" Priority="50" Name="Grid Table 5 Dark Accent 1

    Reducing the environmental impact of surgery on a global scale: systematic review and co-prioritization with healthcare workers in 132 countries

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    Background Healthcare cannot achieve net-zero carbon without addressing operating theatres. The aim of this study was to prioritize feasible interventions to reduce the environmental impact of operating theatres. Methods This study adopted a four-phase Delphi consensus co-prioritization methodology. In phase 1, a systematic review of published interventions and global consultation of perioperative healthcare professionals were used to longlist interventions. In phase 2, iterative thematic analysis consolidated comparable interventions into a shortlist. In phase 3, the shortlist was co-prioritized based on patient and clinician views on acceptability, feasibility, and safety. In phase 4, ranked lists of interventions were presented by their relevance to high-income countries and low–middle-income countries. Results In phase 1, 43 interventions were identified, which had low uptake in practice according to 3042 professionals globally. In phase 2, a shortlist of 15 intervention domains was generated. In phase 3, interventions were deemed acceptable for more than 90 per cent of patients except for reducing general anaesthesia (84 per cent) and re-sterilization of ‘single-use’ consumables (86 per cent). In phase 4, the top three shortlisted interventions for high-income countries were: introducing recycling; reducing use of anaesthetic gases; and appropriate clinical waste processing. In phase 4, the top three shortlisted interventions for low–middle-income countries were: introducing reusable surgical devices; reducing use of consumables; and reducing the use of general anaesthesia. Conclusion This is a step toward environmentally sustainable operating environments with actionable interventions applicable to both high– and low–middle–income countries

    Reducing the environmental impact of surgery on a global scale: systematic review and co-prioritization with healthcare workers in 132 countries

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    Abstract Background Healthcare cannot achieve net-zero carbon without addressing operating theatres. The aim of this study was to prioritize feasible interventions to reduce the environmental impact of operating theatres. Methods This study adopted a four-phase Delphi consensus co-prioritization methodology. In phase 1, a systematic review of published interventions and global consultation of perioperative healthcare professionals were used to longlist interventions. In phase 2, iterative thematic analysis consolidated comparable interventions into a shortlist. In phase 3, the shortlist was co-prioritized based on patient and clinician views on acceptability, feasibility, and safety. In phase 4, ranked lists of interventions were presented by their relevance to high-income countries and low–middle-income countries. Results In phase 1, 43 interventions were identified, which had low uptake in practice according to 3042 professionals globally. In phase 2, a shortlist of 15 intervention domains was generated. In phase 3, interventions were deemed acceptable for more than 90 per cent of patients except for reducing general anaesthesia (84 per cent) and re-sterilization of ‘single-use’ consumables (86 per cent). In phase 4, the top three shortlisted interventions for high-income countries were: introducing recycling; reducing use of anaesthetic gases; and appropriate clinical waste processing. In phase 4, the top three shortlisted interventions for low–middle-income countries were: introducing reusable surgical devices; reducing use of consumables; and reducing the use of general anaesthesia. Conclusion This is a step toward environmentally sustainable operating environments with actionable interventions applicable to both high– and low–middle–income countries

    A Four-Parameter Extension of Burr III Distribution with Applications

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    Abstract In this paper, we defined and studied a new distribution called the odd exponentiated half-logistic Burr III distribution. Properties such as the linear representation of the probability density function (PDF) of the distribution, quantile function, ordinary and incomplete moments, moment generating function and distribution of the order statistic were derived. The PDF and hazard rate function were found to be capable of having various shapes, making the new distribution highly flexible. In particular, the hazard rate function can be nonincreasing, unimodal and nondecreasing. It can also have the bathtub shape among other non- monotone shapes. The maximum likelihood procedure was used to estimate the parameters of the new model. We gave two numerical examples to illustrate the usefulness and the ability of the distribution to provide better fits to a number of data sets than several distributions in existence. Keywords: Burr III distribution; maximum likelihood procedure; moments; odd exponentiated half-logistic-G family; order statistics.   Abstrak Pada artikel ini akan didefinisikan dan dipelajari mengenai distribusi baru yang disebut distribusi Burr III setengah logistik tereksponen ganjil. Kami menurunkan beberapa sifat dari distribusi tersebut yaitu representasi linier dari fungsi kepadatan peluang (FKP), fungsi kuantil, momen biasa dan momen tidak lengkap, fungsi pembangkit momen dan distribusi statistik terurut. Fungsi FKP dan fungsi tingkat hazard diperoleh memiliki bermacam-macam bentuk, membuat distribusi baru ini sangat fleksibel. Secara khusus, fungsi tingkat hazard dapat berupa fungsi taknaik, bermodus tunggal, bisa juga tidak turun. Selain itu, fungsi ini juga dapat berbentuk seperti bak mandi di antara bentuk-bentuk tak monoton lainnya. Prosedur kemungkinan maksimum digunakan untuk mengestimasi parameter model yang baru. Kami memberikan dua contoh numerik untuk mengilustrasikan kegunaan dan kemampuan distribusi untuk menghasilkan kesesuaian yang lebih baik pada sejumlah kumpulan data dibandingkan beberapa distribusi yang ada. Kata kunci: distribusi Burr III; prosedur kemungkinan maksimum; momen; keluarga setengah logistik-G teresponen ganjil; statistic terurut

    Reducing the environmental impact of surgery on a global scale: systematic review and co-prioritization with healthcare workers in 132 countries

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    Background: Healthcare cannot achieve net-zero carbon without addressing operating theatres. The aim of this study was to prioritize feasible interventions to reduce the environmental impact of operating theatres. Methods: This study adopted a four-phase Delphi consensus co-prioritization methodology. In phase 1, a systematic review of published interventions and global consultation of perioperative healthcare professionals were used to longlist interventions. In phase 2, iterative thematic analysis consolidated comparable interventions into a shortlist. In phase 3, the shortlist was coprioritized based on patient and clinician views on acceptability, feasibility, and safety. In phase 4, ranked lists of interventions were presented by their relevance to high-income countries and low-middle-income countries. Results: In phase 1, 43 interventions were identified, which had low uptake in practice according to 3042 professionals globally. In phase 2, a shortlist of 15 intervention domains was generated. In phase 3, interventions were deemed acceptable for more than 90 per cent of patients except for reducing general anaesthesia (84 per cent) and re-sterilization of 'single-use' consumables (86 per cent). In phase 4, the top three shortlisted interventions for high-income countries were: introducing recycling; reducing use of anaesthetic gases; and appropriate clinical waste processing. In phase 4, the top three shortlisted interventions for low-middle-income countries were: introducing reusable surgical devices; reducing use of consumables; and reducing the use of general anaesthesia. Conclusion: This is a step toward environmentally sustainable operating environments with actionable interventions applicable to both high- and low-middle-income countries

    Effects of pre-operative isolation on postoperative pulmonary complications after elective surgery: an international prospective cohort study

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