Bayesian Estimation of Probability of Incidences of the Most Serious Oncological Diseases in the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F17%3A39912676" target="_blank" >RIV/00216275:25410/17:39912676 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Bayesian Estimation of Probability of Incidences of the Most Serious Oncological Diseases in the Czech Republic
Original language description
The aim of this article is to estimate the probability of incidences of the most serious two oncological diseases in the three selected five-year age groups in the Czech Republic by using Bayesian theory of credibility, specifically binomial/beta model. These diseases are occurred in early childhood. During the lifetime, these incidences grow rapidly. The next aim of this article is to determine the parameters of a priori beta distribution, specifically in the case that the priory information on estimated parameter of binomial distribuion is known. These parameters of beta distribution are determined by using basic characteristics of beta distribution. Possibilities of permanent update of estimates can be used in commercial and health insurance companies. Data on cancer incidences are obtained from database of ÚZIS.
Czech name
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Czech description
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Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Financial Management of Firms and Financial Institutions
ISBN
978-80-248-4138-0
ISSN
2336-162X
e-ISSN
neuvedeno
Number of pages
8
Pages from-to
407-414
Publisher name
Vysoká škola báňská-Technická univerzita Ostrava
Place of publication
Ostrava
Event location
Ostrava
Event date
Sep 6, 2017
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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