2020
DOI: 10.15446/rce.v43n1.77542
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Generalized Poisson Hidden Markov Model for Overdispersed or Underdispersed Count Data

Abstract: The most suitable statistical method for explaining serial dependency in time series count data is that based on Hidden Markov Models (HMMs). These models assume that the observations are generated from a finite mixture of distributions governed by the principle of Markov chain (MC). Poisson-Hidden Markov Model (P-HMM) may be the most widely used method for modelling the above said situations. However, in real life scenario, this model cannot be considered as the best choice. Taking this fact into account, we,… Show more

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Cited by 4 publications
(2 citation statements)
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“…The model's viability was tested on data, and sensitivity tests were conducted to assess its correlation with actual trips. In the Generalized Poisson (GP-1) model, linear regression analysis is used to model and predict count-based data [36]. Gaussian or normal distribution is a common choice when the data exhibit continuous and symmetrical characteristics.…”
Section: Comparative Analysismentioning
confidence: 99%
“…The model's viability was tested on data, and sensitivity tests were conducted to assess its correlation with actual trips. In the Generalized Poisson (GP-1) model, linear regression analysis is used to model and predict count-based data [36]. Gaussian or normal distribution is a common choice when the data exhibit continuous and symmetrical characteristics.…”
Section: Comparative Analysismentioning
confidence: 99%
“…The model aims to forecast refuelling trips based on weather and time of year [27,28,30]. This study contributes to the existing literature by selecting and designing an effective SML predictive model that can predict HFV refuelling behaviour in relation to weather and time of year (day of week, month) [31]. The development of models for HFVs is essential because of the scarcity of data specific to these vehicles [3,13,18,32].…”
mentioning
confidence: 99%