Department of Statistics
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Reinforcing the 21st century pedagogical skills through the application of the question formulation technique (QFT) in secondary schools in south eastern region of Kenya
(International Journal of Research and Innovation in Social Science (IJRISS), 2024-04-05)Studies show that only 27% of graduates believe that Universities and colleges taught them how to ask their own questions. The Question Formulation Technique (QFT) imparts students a way that makes them to think critically ... -
On (P, Q)-Binomial Extension of Cox-Ross-Rubinstein Model in Skorohod Spaces.
(International Journal of Open Problems in Computer Science & Mathematics, 2023-12-01)In this paper, we develope a (pq)-binomial extension of the Cox-Ross-Rubinstein (CRR) model thereby enhancing its ap plicability in optimizing life insurance portfolios amidst noisy observations. We utilize mathematical ... -
Portfolio optimization for extended (p, q) –binomial cox –ross- rubinstein model
(SSAR Publishers, 2024-03-11)In this paper, we focus on establishing optimization conditions for the extended binomial Cox-Ross-Rubinstein (CRR)model, particularly in the context of managing portfolios in life insurance under varying noise conditions. ... -
Exploring the Need for a Statistical Collaboration Laboratory in a Kenyan University: Experiences, Challenges, and Opportunities
(Chapman and Hall/CRC, 2022-06-07)This paper explores the need for a statistical collaboration laboratory or “stat lab”(Vance and Pruitt 2022) at Maseno University in Kenya. It describes the experiences, challenges, and opportunities for statistics lecturers ... -
Recursive Relation for Zero Inflated Poisson Mixture Distributions
(HIKARI Ltd, 2017)The paper extends the work of Sarguta who derived recursive re lations for univariate distributions by considering the ZIP continuous mixtures. The paper gives a recursive formular which can be used to evaluate the mixed ... -
Empowered schools embrace the competency based curriculum: sharing the Kenya connect empowered school model in Machakos county
(Journal of Education and Practices, 2021)Rural public schools face many challenges and are severely under-resourced. Students are eager to learn and parents see schools as a means for upward mobility for their children. However, public schools struggle due to ... -
Analysis of the factors affecting farm-level output of mangoes among small-scale farmers in Mwala Sub-County, Kenya
(International Journal of Agricultural Technology, 2022)The factors affecting farm-level output of mangoes among small-scale farmers in Mwala Sub-County, Kenya were examined. The first stage of regression analysis resulted that family and hired labour, amount of pesticides ... -
Markovian Approach for Analyzing Patient Flow Data: A Study of Kapsabet County Referral Hospital, Kenya
(science publishing group, 2022)Hospital is indispensable and necessary welfare of society. Through it, we can manage our illnesses by treatment and prevention interventions. With the rise incidences of chronic diseases and illnesses, there has been an ... -
Fitting Wind Speed to a Two Parameter Distribution Model Using Maximum Likelihood Estimation Method
(Science Publishing Group, 2020)Kenya is among the countries that are continuously investing in wind energy to meet her electricity demand. Kenya is working towards its vision 2030 of achieving a total of 2GW of energy from wind industry. To achieve ... -
Temperature Distribution for Magnetohydrodynamic Flow in Straight Horizontal Elliptical Pipe
(Applied Mathematical Sciences, 2021)A study has been carried out on temperature distribution on Magnetohydrodynamic (MHD) fluid flow in a pipe of elliptical cross section. Fluid is electrically conducting, viscous and incompressible. Governing equations are ... -
On the Theory of Random Search
(University of Nairobi,, 1994)The problem of identifying one or more unknown elements belonging to a finite set So' containing n distinguishable elements is well known in literature. Designs used in this kind of investigation are known as search designs. ... -
Supply, Demand, Equilibrium, Deterministic, Stochastic, Logistic and Differential Equations
(INTERNATIONAL JOURNAL OF MULTIDISCIPLINARY SCIENCES AND ENGINEERING, 2014)In this paper, we use the Bernoulli Jump Diffusion (BJD) process to test for the existence and probability of jumps in the Kenyan interest rates. We test these using the Maximum Likelihood Estimation (MLE) method on the ... -
Option Pricing of an Asset with Seasonal and Periodic Supply
(International Journal of Multidisciplinary Sciences and Engineering, 2014)In option pricing the rate of change of asset price with time can be viewed to be directly proportional to the Walrasian [6] excess demand. Scholars such as Jacques [3] and Onyango [4], have used the excess demand concept ... -
Modeling of jumps and mean reversion in the Kenyan interest rates
(JOOUST, 2015) -
Zero Inflated Poisson Mixture Distributions
(Applied Mathematical Sciences, 2017)This paper presents a method of constructing the Zero in ated Pois- son continuous mixture distributions which have applications in various fields. The distributions can be formed by either direct integration or integration ... -
Jumps in the Kenyan Interest Rates
(INTERNATIONAL JOURNAL OF MULTIDISCIPLINARY SCIENCES AND ENGINEERING, 2014-11-11)— In this paper, we use the Bernoulli Jump Diffusion (BJD) process to test for the existence and probability of jumps in the Kenyan interest rates. We test these using the Maximum Likelihood Estimation (MLE) method on ... -
Option Pricing of an Asset with Seasonal and Periodic Supply
(International Journal of Multidisciplinary Sciences and Engineering, 2014-12-12)In option pricing the rate of change of asset price with time can be viewed to be directly proportional to the Walrasian [6] excess demand. Scholars such as Jacques [3] and Onyango [4], have used the excess demand concept ... -
Logistic Regression on Effects of Relationship Between Condom Use on Comprehensive HIV Knowledge Among the Youths in Kenya
(Science Publishing Group, 2019-09-13)HIV/AIDS knowledge in Kenya is universal in that 99% of both male and female have heard of the epidemic and how it can be avoided. Despite the widespread knowledge of HIV/AIDS, comprehensive HIV knowledge which refers to ... -
Training of lecturers at Maseno University, Kenya
(Proceedings of the ICOTS8 conference, 2010)Lecturers in Kenyan universities usually start their work without any prior training on how to teach students. Hence the teaching tends to be traditional and new training techniques are rarely implemented. For effective ... -
Using e-learning to engage Mathematics and Statistics Students in a Kenyan University
(12th International Congress on Mathematical Education, 2012)Two introductory courses to statistics were taught to first year mathematics and statistics students as part of an initiative to introduce them to computers. The courses were offered using a blended approach which included ...
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