This article proposes innovative ratio and regression estimators based on additive randomized response model. Expressions for the biases and mean squared errors of the recommended estimators are derived. It has been revealed that the advised groundbreaking ratio and regression estimators are improved than ratio and regression estimators under a very realistic condition. Numerical illustrations and simulation study are also given in support of the present study.
Read MoreDoi: https://doi.org/10.54216/AJBOR.060201
Vol. 6 Issue. 2 PP. 08-15, (2022)
This paper provides a quick review about business intelligence approaches and techniques in risk management. The important research articles from 2007 to 2021 are involved in this review. We found a little contribution from researchers in this research direction, however the vital role of business intelligence in risk management. Moreover, we provide a novel business approach for risk management. This approach includes deploying the trendiest techniques in this era which are social media and big data analysis. Social media represents the source of identifying risks through the discussions of social media users as well as big data analysis techniques which represent the control tool for potential risks. The new approach will help firms and organizations in many sectors to manage risks efficiently and make the best decisions. Further, we provide the challenges of the new framework and the further research points.
Read MoreDoi: https://doi.org/10.54216/AJBOR.060202
Vol. 6 Issue. 2 PP. 16-27, (2022)
Increased awareness of the environmental impacts associated with excessive carbon dioxide emissions generated from cement production has led to great strides in developing technologies and materials aimed at reducing such impacts. A large amount of work has been carried out worldwide related to the design of more sustainable concrete mixes that take advantage of natural elements or those recovered from waste. This work analyzes a set of alternatives for substitutes of concrete mix aggregates that guarantee the best levels of resistance to compression and also comply with the principles of environmental sustainability. To do this, the TOPSIS multi-criteria decision method is used to determine the preferred substitute alternative for aggregates based on certain criteria. The analysis carried out using the TOPSIS method revealed that the alternative with the highest level of proximity to the ideal solution was the use of recycled glass as an additive to the concrete mix. It was observed that the specialists considered the environmental impact and the resistance and durability of the resulting concrete as the most important criteria to assess. A qualitative comparison of the alternatives resulting from the analysis was carried out to verify the results achieved by the method used.
Read MoreDoi: https://doi.org/10.54216/AJBOR.060203
Vol. 6 Issue. 2 PP. 28-38, (2022)
Making stock investment decisions is a complex challenge that investors continuously face. When it comes to an uncertain future, making the wrong decision can result in massive losses. The paper aims to develop an artificial neural networks-based model predicting the closing price of top-six traded industrial ISX-listed stocks, which can guide investment decisions. The sample consisted of daily indexes ISX-released from (3/3/2019) to (31/3/2019). Matlab 2014b was used to run artificial neural networks using the nntool software. The model's performance was evaluated using Mean squared error (MSE), Root means squared error (RMSE), and R squared. Empirical results demonstrated the ability and efficiency of artificial neural networks to predict closing prices with high accuracy. As a result, we recommended employing the Artificial Neural Networks model to predict stock prices as well as relying on it to make decisions.
Read MoreDoi: https://doi.org/10.54216/AJBOR.060205
Vol. 6 Issue. 2 PP. 47-55, (2022)
Adults have a variety of experiences with social pressure to have low weight. Thus, there is a desire to lose weight with a variety of efforts, such as fad diets. This type of diet can lead to insufficient intake of nutrients in the body and increase the risk of health problems in the long run. The research aimed to analyze fad diets, BMI, and activity levels of adults in Islamabad. The research design was cross-sectional in 50 adults aged 19–58 years who were selected by simple random sampling. The data of fad diets used in the questionnaire, BMI data using the calculation of the last body weight and height, and activity level were measured using food frequency questionnaire. Data analysis used the chi-square test. The results of this research showed that most respondents implement fad diets (56%), had normal BMI (60%), had fairly activity levels (32%), while overweight BMI (34%), and obese (4%) of BMI, and had moderate and inactive activity level (26%). There was an insignificant (p =.085) correlation between fad diets and age (r = -.232), and in addition, there was an insignificant correlation (p =.171) between fad diets and BMI (r =.013). It is concluded that the adults who implemented fad diets and below normal tended to not have activity levels of BMI because of improper food selection and psychological factors. Adults are expected to be able to conduct weight loss with the assistance of a nutritionist or in accordance with balanced nutrition guidelines.
Read MoreDoi: https://doi.org/10.54216/IJNS.060206
Vol. 6 Issue. 2 PP. 56-62, (2022)