In a transformation model h(Y) = X'β + ε for some smooth and usually monotone function h, we are often interested in the direction of β without knowing the exact form of h. We consider a projection of ...
Median regression is used increasingly in many different areas of applications. The usual median regression estimating equations are derived from minimizing the least absolute deviations (LAD).
In this module, we will introduce the basic conceptual framework for statistical modeling in general, and linear statistical models in particular. In this module, we will learn how to fit linear ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Catherine Falls Commercial/Getty Images Linear regression is a type ...
Introduces methods, theory, and applications of linear statistical models, covering topics such as estimation, residual diagnostics, goodness of fit, transformations, and various strategies for ...