Abstract
The main objective of this paper was to illustrate derivation of Heckman-Conway-Maxwell-Poisson ‘HeckCOMPoisson’ model. HeckCOMPoisson model is an integrated model from Heckman and Conway-Maxwell-Poisson model. HeckCOMPoisson was developed to handle count model with selection. The model perform perfectly in terms of Goodness-of-Fit (GOF) and in prediction of count data with selection and handling under-dispersion and over-dispersion experienced in count data. HeckCOMPoisson distribution is flexible and gives robust models for dispersed counts.
Keywords
COMPoisson, HeckCOMPoisson, Integrated, Heckman
Citations
IRE Journals:
Leonard King’ora Thuo , Dr. Joseph Ouno Omondi , Dr. Boniface Kwach
"Derivation of Integrated Heckman-Conway-Maxwell-Poisson Model" Iconic Research And Engineering Journals Volume 6 Issue 2 2022 Page 116-118
IEEE:
Leonard King’ora Thuo , Dr. Joseph Ouno Omondi , Dr. Boniface Kwach
"Derivation of Integrated Heckman-Conway-Maxwell-Poisson Model" Iconic Research And Engineering Journals, 6(2)
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