FUW TRENDS IN SCIENCE & TECHNOLOGY JOURNAL

(A Peer Review Journal)
e–ISSN: 2408–5162; p–ISSN: 2048–5170

FUW TRENDS IN SCIENCE & TECHNOLOGY JOURNAL

ON RAY FAIR’S MODEL OF EXTRA MARITAL AFFAIRS IN NIGERIA: BAYESIAN PERSPECTIVE
Pages: 137-140
Oluwadare O. Ojo* and Olusegun S. Ewemooje


keywords: Extra marital affairs, Bayesian, classical, Gibbs sampler, probit model

Abstract

There are so many factors that could result in extra marital affairs in the society. The well-known procedure in the study of extramarital affairs is a classical maximum likelihood method. A major drawback of classical estimation is the lack of incorporation of vital information into phenomena being modelled. This study examines Ray Fair’s model of extramarital affairs with Bayesian method of estimation through Gibbs sampler. The Gibbs sampler was used to fit a probit model that involves latent data. The results demonstrate that the Bayesian procedure is able to produce reliable results than other estimators with smaller errors.

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