Ghana, renowned for its abundant gold reserves, plays a significant role in the global mining industry. Effective management and accurate forecasting of these reserves are vital for sustainable resource utilization an...Ghana, renowned for its abundant gold reserves, plays a significant role in the global mining industry. Effective management and accurate forecasting of these reserves are vital for sustainable resource utilization and economic planning. Forecasting gold reserves and estimating their production lifespan are complex tasks that require robust statistical models capable of capturing the underlying dynamics of gold deposit accumulation and extraction. To this end, the four-parameter Beta distribution function emerges as a promising candidate due to its flexibility and ability to handle non-negative data. This research aims to investigate the fitness and applicability of the four-parameter Beta distribution function for forecasting Ghana’s gold reserves and estimating the production lifespan of this precious resource. The empirical paper relied mainly on quarterly secondary datasets on gold reserve between the years 2009 and 2022 secured from the Minerals Commission of Ghana, Accra. Several known statistical distributions including Beta, Weibull, Normal, Logistic and Gamma were explored with Maximum Likelihood Estimation (MLE) and evaluated using model selection criteria as AIC and BIC. Goodness of Fits were evaluated using Kolmogorov-Smirnov Test (K-S), Cramer-Von Mises Statistic and Anderson-Darling Statistic. Based on the analysis conducted, the four-parameter Beta distribution provided the best fit for gold reserve in Ghana. At a 99.9% confidence level and considering the current annual average gold production estimate of 3,700,031.248 to 4,302,647.888 ounces, the projected lifespan of gold production in Ghana extends to the year 1,953,765. This astounding estimate suggests that the country’s gold reserves are expected to sustain production for an extended period, providing a critical resource for economic development and supporting the mining industry well into the distant future.展开更多
Ghana, renowned for its abundant gold reserves, plays a significant role in the global mining industry. Effective management and accurate forecasting of these reserves are vital for sustainable resource utilization an...Ghana, renowned for its abundant gold reserves, plays a significant role in the global mining industry. Effective management and accurate forecasting of these reserves are vital for sustainable resource utilization and economic planning. Forecasting gold reserves and estimating their production lifespan are complex tasks that require robust statistical models capable of capturing the underlying dynamics of gold deposit accumulation and extraction. To this end, the four-parameter Beta distribution function emerges as a promising candidate due to its flexibility and ability to handle non-negative data. This research aims to investigate the fitness and applicability of the four-parameter Beta distribution function for forecasting Ghana’s gold reserves and estimating the production lifespan of this precious resource. The empirical paper relied mainly on quarterly secondary datasets on gold reserve between the years 2009 and 2022 secured from the Minerals Commission of Ghana, Accra. Several known statistical distributions including Beta, Weibull, Normal, Logistic and Gamma were explored with Maximum Likelihood Estimation (MLE) and evaluated using model selection criteria as AIC and BIC. Goodness of Fits were evaluated using Kolmogorov-Smirnov Test (K-S), Cramer-Von Mises Statistic and Anderson-Darling Statistic. Based on the analysis conducted, the four-parameter Beta distribution provided the best fit for gold reserve in Ghana. At a 99.9% confidence level and considering the current annual average gold production estimate of 3,700,031.248 to 4,302,647.888 ounces, the projected lifespan of gold production in Ghana extends to the year 1,953,765. This astounding estimate suggests that the country’s gold reserves are expected to sustain production for an extended period, providing a critical resource for economic development and supporting the mining industry well into the distant future.展开更多
Some recent developments(accelerated expansion)in the Universe cannot be explained by the conventional formulation of general relativity.We apply the recently proposed f(T,B)gravity to investigate the accelerated expa...Some recent developments(accelerated expansion)in the Universe cannot be explained by the conventional formulation of general relativity.We apply the recently proposed f(T,B)gravity to investigate the accelerated expansion of the Universe.By parametrizing the Hubble parameter and estimating the best fit values of the model parameters b_(0),b_(1),and b_(2)imposed from Supernovae type la,Cosmic Microwave Background,B aryon Acoustic Oscillation,and Hubble data using the Markov Chain Monte Carlo method,we propose a method to determine the precise solutions to the field equations.We then observe that the model appears to be in good agreement with the observations.A change from the deceleration to the acceleration phase of the Universe is shown by the evolution of the deceleration parameter.In addition,we investigate the behavior of the statefinder analysis,equation of state(EoS)parameters,along with the energy conditions.Furthermore,to discuss other cosmological parameters,we consider some wellknown f(T,B)gravity models,specifically,f(T,B)=aT^(b)+cB^(d).Lastly,we find that the considered f(T,B)gravity models predict that the present Universe is accelerating and the EoS parameter behaves like the ACDM model.展开更多
Forecasting mine production is pertinent to gold mining as it serves as production goals for investors. It is therefore important to identify the exact distribution that gold production as a response variable naturall...Forecasting mine production is pertinent to gold mining as it serves as production goals for investors. It is therefore important to identify the exact distribution that gold production as a response variable naturally follows. It is even more appropriate to have a model(s) with few predictor variables. This paper seeks to identify appropriate statistical distribution functions for fitting gold production in Ghana. The empirical paper relied mainly on quarterly secondary datasets on gold production between the years 2009 and 2022 secured from the Minerals Commission of Ghana, Accra. Several known statistical distributions including Weibull, Log-Normal, Generalized Extreme Value (GEV) were explored with Maximum Likelihood Estimation (MLE) and evaluated using model selection criteria as AIC, AICc and BIC. Goodness of Fits were evaluated using Kolmogorov-Smirnov Test (K-S), Cramer-Von Mises Statistic and Anderson-Darling Statistic. Based on the analysis conducted, the reduced modified 3-parameter Weibull distribution provided the best fit for gold production in Ghana. Though the reduced modified Weibull function is proposed, it is important however to recognize that other external factors can influence production levels. Also, the average quarterly fitted gold production is 1000334.8918 ± 75,327.080 (±7.5%) [i.e., 925,007.812 – 1,075,661.972]. This indicates that the average annually fitted gold production lies between 3700031.248 and 4302647.888 ounces at 99.9% confidence level. Therefore, the predicted gold production for the year 2022 is 3.7million ounces at 99.9% confidence level.展开更多
Forecasting mine production is pertinent to gold mining as it serves as production goals for investors. It is therefore important to identify the exact distribution that gold production as a response variable naturall...Forecasting mine production is pertinent to gold mining as it serves as production goals for investors. It is therefore important to identify the exact distribution that gold production as a response variable naturally follows. It is even more appropriate to have a model(s) with few predictor variables. This paper seeks to identify appropriate statistical distribution functions for fitting gold production in Ghana. The empirical paper relied mainly on quarterly secondary datasets on gold production between the years 2009 and 2022 secured from the Minerals Commission of Ghana, Accra. Several known statistical distributions including Weibull, Log-Normal, Generalized Extreme Value (GEV) were explored with Maximum Likelihood Estimation (MLE) and evaluated using model selection criteria as AIC, AICc and BIC. Goodness of Fits were evaluated using Kolmogorov-Smirnov Test (K-S), Cramer-Von Mises Statistic and Anderson-Darling Statistic. Based on the analysis conducted, the reduced modified 3-parameter Weibull distribution provided the best fit for gold production in Ghana. Though the reduced modified Weibull function is proposed, it is important however to recognize that other external factors can influence production levels. Also, the average quarterly fitted gold production is 1000334.8918 ± 75,327.080 (±7.5%) [i.e., 925,007.812 – 1,075,661.972]. This indicates that the average annually fitted gold production lies between 3700031.248 and 4302647.888 ounces at 99.9% confidence level. Therefore, the predicted gold production for the year 2022 is 3.7million ounces at 99.9% confidence level.展开更多
Bone morphogenetic protein(BMP),belongs to transforming growth factor-b(TGF-b)superfamily except BMP-1.Implanting BMP into muscular tissues induces ectopic bone formation at the site of implantation,which provides opp...Bone morphogenetic protein(BMP),belongs to transforming growth factor-b(TGF-b)superfamily except BMP-1.Implanting BMP into muscular tissues induces ectopic bone formation at the site of implantation,which provides opportunity for the treatment of bone defects.Recombinant human BMP-2(rhBMP-2)has been used clinically,but the lack of standard methods for quantifying rhBMP-2 biological activity greatly hindered the progress of commercialization.In this article,we describe an in vitro rhBMP-2 quantification method,as well as the data analyzation pipeline through logistic regression in RStudio.Previous studies indicated that alkaline phosphatase(ALP)activity of C2C12 cells was significantly increased when exposed to rhBMP-2,and showed dose-dependent effects in a certain concentration range of rhBMP-2.Thus,we chose to quantify ALP activity as an indicator of rhBMP-2 bioactivity in vitro.A sigmoid relationship between the ALP activity and concentration of rhBMP-2 was discovered.However,there are tons of regression models for such a non-linear relationship.It has always been a major concern for researchers to choose a proper model that not only fit data accurately,but also have parameters representing practical meanings.Therefore,to fit our rhBMP-2 quantification data,we applied two logistic regression models,three-parameter log-logistic model and four-parameter log-logistic model.The four-parameter log-logistic model(adj-R2>0.98)fits better than three-parameter log-logistic model(adj-R2>0.75)for the sigmoid curves.Overall,our results indicate rhBMP-2 quantification in vitro can be accomplished by detecting ALP activity and fitting four-parameter log-logistic model.Furthermore,we also provide a highly adaptable R script for any additional logistic models.展开更多
文摘Ghana, renowned for its abundant gold reserves, plays a significant role in the global mining industry. Effective management and accurate forecasting of these reserves are vital for sustainable resource utilization and economic planning. Forecasting gold reserves and estimating their production lifespan are complex tasks that require robust statistical models capable of capturing the underlying dynamics of gold deposit accumulation and extraction. To this end, the four-parameter Beta distribution function emerges as a promising candidate due to its flexibility and ability to handle non-negative data. This research aims to investigate the fitness and applicability of the four-parameter Beta distribution function for forecasting Ghana’s gold reserves and estimating the production lifespan of this precious resource. The empirical paper relied mainly on quarterly secondary datasets on gold reserve between the years 2009 and 2022 secured from the Minerals Commission of Ghana, Accra. Several known statistical distributions including Beta, Weibull, Normal, Logistic and Gamma were explored with Maximum Likelihood Estimation (MLE) and evaluated using model selection criteria as AIC and BIC. Goodness of Fits were evaluated using Kolmogorov-Smirnov Test (K-S), Cramer-Von Mises Statistic and Anderson-Darling Statistic. Based on the analysis conducted, the four-parameter Beta distribution provided the best fit for gold reserve in Ghana. At a 99.9% confidence level and considering the current annual average gold production estimate of 3,700,031.248 to 4,302,647.888 ounces, the projected lifespan of gold production in Ghana extends to the year 1,953,765. This astounding estimate suggests that the country’s gold reserves are expected to sustain production for an extended period, providing a critical resource for economic development and supporting the mining industry well into the distant future.
文摘Ghana, renowned for its abundant gold reserves, plays a significant role in the global mining industry. Effective management and accurate forecasting of these reserves are vital for sustainable resource utilization and economic planning. Forecasting gold reserves and estimating their production lifespan are complex tasks that require robust statistical models capable of capturing the underlying dynamics of gold deposit accumulation and extraction. To this end, the four-parameter Beta distribution function emerges as a promising candidate due to its flexibility and ability to handle non-negative data. This research aims to investigate the fitness and applicability of the four-parameter Beta distribution function for forecasting Ghana’s gold reserves and estimating the production lifespan of this precious resource. The empirical paper relied mainly on quarterly secondary datasets on gold reserve between the years 2009 and 2022 secured from the Minerals Commission of Ghana, Accra. Several known statistical distributions including Beta, Weibull, Normal, Logistic and Gamma were explored with Maximum Likelihood Estimation (MLE) and evaluated using model selection criteria as AIC and BIC. Goodness of Fits were evaluated using Kolmogorov-Smirnov Test (K-S), Cramer-Von Mises Statistic and Anderson-Darling Statistic. Based on the analysis conducted, the four-parameter Beta distribution provided the best fit for gold reserve in Ghana. At a 99.9% confidence level and considering the current annual average gold production estimate of 3,700,031.248 to 4,302,647.888 ounces, the projected lifespan of gold production in Ghana extends to the year 1,953,765. This astounding estimate suggests that the country’s gold reserves are expected to sustain production for an extended period, providing a critical resource for economic development and supporting the mining industry well into the distant future.
基金the Science Committee of the Ministry of Education and Science of the Republic of Kazakhstan provided funding for this study(Grant No.AP09058240)。
文摘Some recent developments(accelerated expansion)in the Universe cannot be explained by the conventional formulation of general relativity.We apply the recently proposed f(T,B)gravity to investigate the accelerated expansion of the Universe.By parametrizing the Hubble parameter and estimating the best fit values of the model parameters b_(0),b_(1),and b_(2)imposed from Supernovae type la,Cosmic Microwave Background,B aryon Acoustic Oscillation,and Hubble data using the Markov Chain Monte Carlo method,we propose a method to determine the precise solutions to the field equations.We then observe that the model appears to be in good agreement with the observations.A change from the deceleration to the acceleration phase of the Universe is shown by the evolution of the deceleration parameter.In addition,we investigate the behavior of the statefinder analysis,equation of state(EoS)parameters,along with the energy conditions.Furthermore,to discuss other cosmological parameters,we consider some wellknown f(T,B)gravity models,specifically,f(T,B)=aT^(b)+cB^(d).Lastly,we find that the considered f(T,B)gravity models predict that the present Universe is accelerating and the EoS parameter behaves like the ACDM model.
文摘Forecasting mine production is pertinent to gold mining as it serves as production goals for investors. It is therefore important to identify the exact distribution that gold production as a response variable naturally follows. It is even more appropriate to have a model(s) with few predictor variables. This paper seeks to identify appropriate statistical distribution functions for fitting gold production in Ghana. The empirical paper relied mainly on quarterly secondary datasets on gold production between the years 2009 and 2022 secured from the Minerals Commission of Ghana, Accra. Several known statistical distributions including Weibull, Log-Normal, Generalized Extreme Value (GEV) were explored with Maximum Likelihood Estimation (MLE) and evaluated using model selection criteria as AIC, AICc and BIC. Goodness of Fits were evaluated using Kolmogorov-Smirnov Test (K-S), Cramer-Von Mises Statistic and Anderson-Darling Statistic. Based on the analysis conducted, the reduced modified 3-parameter Weibull distribution provided the best fit for gold production in Ghana. Though the reduced modified Weibull function is proposed, it is important however to recognize that other external factors can influence production levels. Also, the average quarterly fitted gold production is 1000334.8918 ± 75,327.080 (±7.5%) [i.e., 925,007.812 – 1,075,661.972]. This indicates that the average annually fitted gold production lies between 3700031.248 and 4302647.888 ounces at 99.9% confidence level. Therefore, the predicted gold production for the year 2022 is 3.7million ounces at 99.9% confidence level.
文摘Forecasting mine production is pertinent to gold mining as it serves as production goals for investors. It is therefore important to identify the exact distribution that gold production as a response variable naturally follows. It is even more appropriate to have a model(s) with few predictor variables. This paper seeks to identify appropriate statistical distribution functions for fitting gold production in Ghana. The empirical paper relied mainly on quarterly secondary datasets on gold production between the years 2009 and 2022 secured from the Minerals Commission of Ghana, Accra. Several known statistical distributions including Weibull, Log-Normal, Generalized Extreme Value (GEV) were explored with Maximum Likelihood Estimation (MLE) and evaluated using model selection criteria as AIC, AICc and BIC. Goodness of Fits were evaluated using Kolmogorov-Smirnov Test (K-S), Cramer-Von Mises Statistic and Anderson-Darling Statistic. Based on the analysis conducted, the reduced modified 3-parameter Weibull distribution provided the best fit for gold production in Ghana. Though the reduced modified Weibull function is proposed, it is important however to recognize that other external factors can influence production levels. Also, the average quarterly fitted gold production is 1000334.8918 ± 75,327.080 (±7.5%) [i.e., 925,007.812 – 1,075,661.972]. This indicates that the average annually fitted gold production lies between 3700031.248 and 4302647.888 ounces at 99.9% confidence level. Therefore, the predicted gold production for the year 2022 is 3.7million ounces at 99.9% confidence level.
基金This work was supported by the China National keypoint research and invention program of the thirteenth(Project ID:2016YFC1102304).
文摘Bone morphogenetic protein(BMP),belongs to transforming growth factor-b(TGF-b)superfamily except BMP-1.Implanting BMP into muscular tissues induces ectopic bone formation at the site of implantation,which provides opportunity for the treatment of bone defects.Recombinant human BMP-2(rhBMP-2)has been used clinically,but the lack of standard methods for quantifying rhBMP-2 biological activity greatly hindered the progress of commercialization.In this article,we describe an in vitro rhBMP-2 quantification method,as well as the data analyzation pipeline through logistic regression in RStudio.Previous studies indicated that alkaline phosphatase(ALP)activity of C2C12 cells was significantly increased when exposed to rhBMP-2,and showed dose-dependent effects in a certain concentration range of rhBMP-2.Thus,we chose to quantify ALP activity as an indicator of rhBMP-2 bioactivity in vitro.A sigmoid relationship between the ALP activity and concentration of rhBMP-2 was discovered.However,there are tons of regression models for such a non-linear relationship.It has always been a major concern for researchers to choose a proper model that not only fit data accurately,but also have parameters representing practical meanings.Therefore,to fit our rhBMP-2 quantification data,we applied two logistic regression models,three-parameter log-logistic model and four-parameter log-logistic model.The four-parameter log-logistic model(adj-R2>0.98)fits better than three-parameter log-logistic model(adj-R2>0.75)for the sigmoid curves.Overall,our results indicate rhBMP-2 quantification in vitro can be accomplished by detecting ALP activity and fitting four-parameter log-logistic model.Furthermore,we also provide a highly adaptable R script for any additional logistic models.
