International Journal of Mathematical Sciences for Business and Finance(IJMSBF)

IJMSBF is an international journal whose aim is to publish high-quality research papers in international business, economics, finance

and their related areas using mathematical sciences with emphasis on statistical analysis and modeling with real or simulated data.

Chief Editors

Chris P. Tsokos, Ph.D.
Distinguished University Professor
Department of Mathematics and Statistics
University of South Florida
ctsokos@usf.edu

Director of IFNA Journals

Bong-Jin Choi, Ph.D.
Assistant Professor
North Dakota State University
bongjin.choi@ndsu.edu

Managing Editor

Mingao Yuan, PhD.
Assostant Professor
North Dakota State University
mingao.yuan@ndsu.edu

Editorial Board

	Kandethody M.Ramachandran, Ph.D. Professor, University of South Florida ram@usf.edu		Valdimir Savchuk, Ph.D. Ukraine vps@a-teleport.com
	Richard Petty, Ph.D. Pofessor, Macquiarie University Richard.petty@mgsm.edu.au		Wael Kortam, Ph.D. Professor of Markeint, Cairo Univeristy wakortam@gmail.com
	Ahmad Ismail, Ph.D. Professor, United Arab Emirates University Phd98ai@yahoo.com		Martin Yound,Ph.D. Pofessor, Massey University M.Young@massey.ac.nz
	Geoffrey Okogbaa, Ph.D. Vice Chancellor, Fed. University of Wukari		Peter G Zhang, Ph.D. Professor, College of Business, Georgia State University gpzhang@gsu.edu
	K.G.Lim, Ph.D. Professor, Singapore management University kglim@smu.edu.sg		Robert Ashford, Ph.D. Professor, Syracuse University rashford@law.syr.edu

This work is licensed under a Creative Commons Attribution 3.0 License.

ISSN: 21638349