Observation-driven model, Advanced Statistics

Observation-driven model is a term generally applied to models for the longitudinal data or time series which introduce within the unit correlation by specifying the conditional distribution of an observation at the time t as a function of previous observations. An instance is the ante- dependence model. In contrast in the parameter-driven model, correlation is introduced during a latent process, for instance, by introducing a random subject effect.

Posted Date: 7/30/2012 7:31:39 AM | Location : United States







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