Work

A weighted error-minimizer parameter estimation technique for one-inflated positive Poisson distribution

Year: 2025
Type: article
Abstract: An error-minimizing estimator is always preferred in model fittings. However, each error-minimizing estimator minimizes error differently. This paper combines four error-minimizing estimators, which are root mean-squared error, mean absolute error, root mean-squared log error and mean absolute percentage error via a weighted approach. The estimation involves two levels. In the first-level estimation, the estimated parameters are obtained by minimizing error values differently and separately. In the second-level estimation, the resulting estimates from the first-level estimation are combined by either fixed and controlled weights or free and uncontrolled weights. A real crime dataset on the frequency of drunk drivers was considered for demonstration of the technique.
Language: English
Open Access status: gold
Estimated APC paid: $1,470
OpenAlex ID: W4409634077
FWCI:
Cites: 4
Cited by:
Related to: 10