2022
DOI: 10.16929/as/20212.3145.199
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Phase Type Zero Truncated Poisson Lindley Distributions and their application in modeling Secondary Cancer Cases

Abstract: Insurance of chronic illness is slowly gaining ground in Kenya which has lead to insurance firms introducing insurance products of chronic illness among them being cancer insurance policies. However, unlike other chronic illnesses, cancer can move from the organ of origin to another which will consequently lead to increased cost of treatment. This can not be modeled using ordinary distributions hence it has become an area of interest for many researchers. Zero-truncated phase type distributions are used to… Show more

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