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

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Open Access Research Article

Stochastic approach for faculty turnover in higher education institutions using Erlang truncated exponential distribution

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pp. 809–818Vol. 28Issue 4May 2025DOI: 10.47974/JSMS-1442XML
Received:
10 Sep 2024
Published Online:
12 May 2025
Article type:
Research Article
Language:
EN
Article no.:
JSMS-1442
Pages:
809–818

Abstract

Various studies have been undertaken on applying stochastic modeling in organizations with varying academic ranks of their employees. However, no studies have been conducted on faculty turnover in higher education institutions using Erlang Truncated Exponential distribution. The research aimed to evaluate the Distribution fit for faculty turnover within a higher education institution. The simulation work determined parameter values for this distribution. The research findings showed faculty members with higher academic ranks tend to stay longer at their positions. Hence, the policymakers of HEIs should frame suitable strategies to enhance the length of stay of faculty members, thereby boosting the quality of higher education.

Keywords

Subject Classifications

93E2068T05

References

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