Science Journal of Applied Mathematics and Statistics

Archive

Volume 2, Issue 6, December 2014

  • An Alternative Estimator for Estimating the Finite Population Mean in Presence of Measurement Errors with the View to Financial Modelling

    Rajesh Singh, Sachin Malik, Mohd Khoshnevisan

    Issue: Volume 2, Issue 6, December 2014
    Pages: 107-111
    Received: 5 November 2014
    Accepted: 16 November 2014
    Published: 18 November 2014
    DOI: 10.11648/j.sjams.20140206.11
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    Abstract: This article presents the problem of estimating the population mean using auxiliary information in the presence of measurement errors. We have compared the three proposed estimators being the exponential ratio-type estimator, Solanki et al. (2012) estimator, and the mean per unit estimator in the presence of measurement errors. Financial Model by G... Show More
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  • On Solving Some Classes of Nonlinear Fractional Differentional Equations Using Fractal Index Method

    Sayed K. Elagan, Mohamed S. Mohamed, Khaled A. Gepreel, Rabha W. Ibrahim, Afaf Elesimy

    Issue: Volume 2, Issue 6, December 2014
    Pages: 112-115
    Received: 28 November 2014
    Accepted: 6 December 2014
    Published: 17 December 2014
    DOI: 10.11648/j.sjams.20140206.12
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    Abstract: We provide a new solution of diffusion fractional differential equation using fractal index and fractional sub-equation method. Also we shall impose a new solution for fraction Birnolli equation of arbitrary order using the fractal index method. As a result many exact solutions are obtained. It is shown that our considered method provides a very ef... Show More
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  • A Study of Profit and Failure Rate of Musharakah Mutanaqisah Homeownership Partnership (MMP) by Retrospective Actuarial Approach and Simulation Study: The Case of Abandoned Housing Project

    Farhana Syed Ahmad, Shamsul Rijal Muhammad Sabri

    Issue: Volume 2, Issue 6, December 2014
    Pages: 116-121
    Received: 12 December 2014
    Accepted: 22 December 2014
    Published: 31 December 2014
    DOI: 10.11648/j.sjams.20140206.13
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    Abstract: The paper observed the impact of the profit rate and failure rate to the profit of Musharakah Mutanaqisah Homeownership Partnership (MMP) that exercise in local Islamic Bank in Malaysia while the probability of the housing project’s failure is considered into this facility. The retrospective method is a retrospective method of calculating the outst... Show More
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  • A Multiplicative Autoregressive Integrated Moving Average Model for Kenya’s Inflation (2000:1 – 2013:12)

    Nyabwanga Robert Nyamao

    Issue: Volume 2, Issue 6, December 2014
    Pages: 122-129
    Received: 14 December 2014
    Accepted: 23 December 2014
    Published: 31 December 2014
    DOI: 10.11648/j.sjams.20140206.14
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    Abstract: Using monthly inflation data from January 2000 to December 2013, we find that SARIMA (1,1,1)(1,0,1)12 can represent the data behavior of inflation rate in Kenya well. Based on the selected model, we forecast seven (12) months inflation rates of Kenya outside the sample period (i.e. from January 2014 to December 2014). The observed inflation rates f... Show More
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