Open Access
Research Article·pp. 399–423·Vol. 28, Issue 3Apr 2025
Yin-Tai Chen, Yu-Lan Wang, Chin-Ho Lee, Rong-Fang Chen
Published Online: 08 Apr 2025DOI: 10.47974/JSMS-1215 In this paper: Candidates involved in the elections normally formulate their own strategies through the method of opinion polls, and consequently it is extremely important if a prediction model can effectively compu...
Open Access
Research Article·pp. 425–443·Vol. 28, Issue 3Apr 2025
Selasi Kwaku Ocloo, Suleman Nasiru, Benjamin Odoi, Lewis Brew
Published Online: 08 Apr 2025DOI: 10.47974/JSMS-1233 In this paper: Modelling heterogeneous data sets is an emerging research area that is growing steadily. This paper introduces the Harmonic Mixture Gompertz distribution, a new mixture model derived from the weighted...
Open Access
Research Article·pp. 445–453·Vol. 28, Issue 3Apr 2025
Yuvraj Sunecher, Naushad Mamode Khan
Published Online: 01 Mar 2025DOI: 10.47974/JSMS-1238 In this paper: The intricate cross-correlation between the counting series makes the non-stationary bivariate integer-valued autoregressive of order 1 (BINAR(1)) model with a full correlation structure very challeng...
Open Access
Research Article·pp. 455–470·Vol. 28, Issue 3Apr 2025
M. R. Irshad, R. Maya, Anuresha Krishna, Christophe Chesneau
Published Online: 01 Mar 2025DOI: 10.47974/JSMS-1328 In this paper: In this paper, we present a new integer-valued time series model based on Poisson-weighted exponential innovations and a negative binomial thinning operator. One of its notable characteristics is its...
Open Access
Research Article·pp. 471–481·Vol. 28, Issue 3Apr 2025
Arshi Naim
Published Online: 01 Mar 2025DOI: 10.47974/JSMS-1355 In this paper: This comprehensive research article explores the pervasive impact of Artificial Intelligence (AI) within the realm of financial services, highlighting its pivotal role in driving innovation and effici...
Open Access
Research Article·pp. 483–504·Vol. 28, Issue 3Apr 2025
Aaisha B. S. Mohungoo, Jason Narsoo
Published Online: 08 Apr 2025DOI: 10.47974/JSMS-1359 In this paper: The aim of this paper is to evaluate the option pricing performance of three GARCH-type models against the Black-Scholes model. The standard GARCH model and the asymmetric GJR-GARCH and EGARCH models...
Open Access
Research Article·pp. 505–534·Vol. 28, Issue 3Apr 2025
Sani Salihu Abubakar, Michael B. C. Khoo, Faijun Nahar Mim, Adamu Abubakar Umar, Wai Chung Yeong, Ibrahim Abdullahi
Published Online: 08 Apr 2025DOI: 10.47974/JSMS-1377 In this paper: Tracking the ratio of two normal variables (RTNV) is crucial in ensuring the quality regarding some manufacturing processes. In this study, the run sum and variable sampling interval procedures are co...
Open Access
Research Article·pp. 535–544·Vol. 28, Issue 3Apr 2025
Arvind Kumar Sehra, Raghu Chawla, Ankita Nagpal, Gaurav Nagpal
Published Online: 10 Apr 2025DOI: 10.47974/JSMS-1382 In this paper: This paper proposes a framework for using blockchain to improve the vehicle registration processes at the regional transport offices in India through VAHAN Citizen Services Portal. The proposed framew...
Open Access
Research Article·pp. 545–557·Vol. 28, Issue 3Apr 2025
Gaurav Nagpal, Sandeep Narula, Ankita Nagpal, Harshit Kumar, Smit Dharmin Desai, Stuti Gupta, Akshat Kumar
Published Online: 10 Apr 2025DOI: 10.47974/JSMS-1383 In this paper: The purpose of this study is to gain valuable insights on the use of blockchain technology and smart contracts in pharmaceutical cold chain systems. The study also intends to identify gaps in existing...
Open Access
Research Article·pp. 559–577·Vol. 28, Issue 3Apr 2025
Mehmet Cakmak, Fikri Gökpınar, Meral Ebegil, Esra Gökpınar
Published Online: 01 Mar 2025DOI: 10.47974/JSMS-1405 In this paper: In this study, to test the equality of means of several log-normal distributions, our aim is to investigate the effectiveness of likelihood-based methods, such as the likelihood ratio test, the Score...
Open Access
Research Article·pp. 579–588·Vol. 28, Issue 3Apr 2025
Ankita Nagpal, Mamta Chawla, Krishan Kumar Garg, Gaurav Nagpal
Published Online: 10 Apr 2025DOI: 10.47974/JSMS-1410 In this paper: Writing a will, even in the modern world, faces many taboos. To add to that, writing of a will can get intimidating and tedious as it not only involves many laws and regulations but also costs money a...
Open Access
Research Article·pp. 589–610·Vol. 28, Issue 3Apr 2025
Elham Malik, Puneet Kumar Bindlish
Published Online: 07 Apr 2025DOI: 10.47974/JSMS-1427 In this paper: Buurtzorg Nederland, a self-managed homecare organization founded in 2006, has transformed homecare services by emphasizing humanity over bureaucracy. Led by Jos de Blok, this pioneering non-profit or...