TARU PUBLICATIONS
 Journal of Statistics and Management Systems cover
Open Access ·Peer-reviewed·ISSN (Online): 2169-0014·ISSN (Print): 0972-0510

Monthly Journal: Publishes peer-reviewed aticles on theoretical and applied statistics and management systems, expoloring industrial statistics, actuarial and decision sciences.

Issues up to 2022 co-published with and available at:Taylor & Francis Online
submissions@tarupublications.com
Volume 28·Issue 3·April 2025·12 Articles

Volume 28, Issue 3

Articles

Open Access Research Article·pp. 399–423·Vol. 28, Issue 3Apr 2025

A comparison between the brand awareness and logistic prediction models for predicting election results

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...

AbstractReferencesFull Text PDF (238 KB)Views: 253Downloads: 75Citations: 0
Open Access Research Article·pp. 425–443·Vol. 28, Issue 3Apr 2025

Another extension of the Gompertz distribution : Properties, applications and regression

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...

AbstractReferencesFull Text PDF (1.3 MB)Views: 126Downloads: 80Citations: 1
Open Access Research Article·pp. 445–453·Vol. 28, Issue 3Apr 2025

Modelling stock data using a geometric BINAR(1) model

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...

AbstractReferencesFull Text PDF (712 KB)Views: 121Downloads: 75Citations: 0
Open Access Research Article·pp. 455–470·Vol. 28, Issue 3Apr 2025

NBINAR(1) process defined with Poisson-weighted exponential innovations

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...

AbstractReferencesFull Text PDF (1.3 MB)Views: 172Downloads: 62Citations: 0
Open Access Research Article·pp. 471–481·Vol. 28, Issue 3Apr 2025

Utilizing artificial intelligence for market expansion and financial resilience

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...

AbstractReferencesFull Text PDF (120 KB)Views: 197Downloads: 66Citations: 0
Open Access Research Article·pp. 483–504·Vol. 28, Issue 3Apr 2025

Option valuation using Garch-type models : Empirical evidence using USD/INR data

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...

AbstractReferencesFull Text PDF (681 KB)Views: 257Downloads: 75Citations: 0
Open Access Research Article·pp. 505–534·Vol. 28, Issue 3Apr 2025

An adaptive run sum scheme for process ratio

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...

AbstractReferencesFull Text PDF (756 KB)Views: 191Downloads: 73Citations: 0
Open Access Research Article·pp. 535–544·Vol. 28, Issue 3Apr 2025

Blockchain technology for vehicle registration : A framework for VAHAN citizen services portal in India

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...

AbstractReferencesFull Text PDF (953 KB)Views: 134Downloads: 95Citations: 0
Open Access Research Article·pp. 545–557·Vol. 28, Issue 3Apr 2025

Application of blockchain and smart contracts in pharmaceutical cold chain : A systematic literature review

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...

AbstractReferencesFull Text PDF (537 KB)Views: 251Downloads: 76Citations: 0
Open Access Research Article·pp. 559–577·Vol. 28, Issue 3Apr 2025

Likelihood-based methods for testing the equality of means of several log-normal populations

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...

AbstractReferencesFull Text PDF (553 KB)Views: 116Downloads: 76Citations: 0
Open Access Research Article·pp. 579–588·Vol. 28, Issue 3Apr 2025

Framework for a crypto-will platform that can smoothen the process of writing a Will

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...

AbstractReferencesFull Text PDF (130 KB)Views: 221Downloads: 76Citations: 0
Open Access Research Article·pp. 589–610·Vol. 28, Issue 3Apr 2025

Exploring the Buurtzorg model : A paradigm shift in global homecare

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...

AbstractReferencesFull Text PDF (343 KB)Views: 302Downloads: 78Citations: 1