Transmuted Distortion Functions for Measuring Risks

Prof. Carl Lee received his undergraduate degree from the Department of Agronomy, at National Taiwan University. He came to the USA in 1978 and received an MA in Mathematical Science from the University of West Florida in 1979 and a Ph.D. in Statistics in 1984 from the Department of Statistics, Iowa State University. He is the founding chair of the Department of Statistics, Actuarial and Data Sciences, and served as the department chair from 2019 to 2022. He was awarded the Distinguished Professor of the Year Award, the Michigan Association of State Universities (2002), The Deborah and Franklin Tepper Haimo Award for Distinguished Teaching Award of Mathematics (2019), and Distinguished Teaching Award, Mathematical Association of America, Michigan Section (2017). His current research interests are statistical distributions, modeling and applications, data science/analytics and applications, and statistical education on the effectiveness of active learning and flipped classes.

Prof. Felix Famoye is a Professor and Consulting Statistician of the Department of Statistics, Actuarial & Data Sciences, Central Michigan University, MI, USA. He received his B.Sc. in Statistics from the University of Ibadan, Ibadan, Nigeria, in 1980 and his Ph.D. in Statistics from the University of Calgary, Calgary, Canada, in 1986. He worked as a Teaching Assistant (1983–1986), Research Associate (1986–1988), and Sessional Instructor (1987–1988) at the Department of Math & Statistics, University of Calgary. In 1988, he moved to Central Michigan University and was promoted to Professor in 1996. He has been Elected Fellow of the American Statistical Association since 2014 and Editor-in-Chief of the Journal of Statistical Distributions and Applications since 2012. His fields of research interest mainly include Statistical inference for discrete and continuous probability models, mathematical statistics, computational statistics, regression analysis, and generalized linear models.