Journal of Applied Mathematics (Jan 2017)

Bayesian Analysis for a Fractional Population Growth Model

  • Francisco J. Ariza-Hernandez,
  • Jorge Sanchez-Ortiz,
  • Martin P. Arciga-Alejandre,
  • Luis X. Vivas-Cruz

DOI
https://doi.org/10.1155/2017/9654506
Journal volume & issue
Vol. 2017

Abstract

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We implement the Bayesian statistical inversion theory to obtain the solution for an inverse problem of growth data, using a fractional population growth model. We estimate the parameters in the model and we make a comparison between this model and an exponential one, based on an approximation of Bayes factor. A simulation study is carried out to show the performance of the estimators and the Bayes factor. Finally, we present a real data example to illustrate the effectiveness of the method proposed here and the pertinence of using a fractional model.