Derivation of Integrated Heckman-Conway-Maxwell-Poisson Model
  • Author(s): Leonard King’ora Thuo ; Dr. Joseph Ouno Omondi ; Dr. Boniface Kwach
  • Paper ID: 1703762
  • Page: 116-118
  • Published Date: 13-08-2022
  • Published In: Iconic Research And Engineering Journals
  • Publisher: IRE Journals
  • e-ISSN: 2456-8880
  • Volume/Issue: Volume 6 Issue 2 August-2022
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)