Quantile regression, Advanced Statistics

Quantile regression is an extension of the classical least squares from estimation of the conditional mean models to the estimation of the variety of models for many conditional quantile functions. An instance of such a model is the least absolute deviation regression. Quantile regression is generally capable of giving a more complete statistical analysis of the stochastic relationship amongs random variables. 

Posted Date: 7/31/2012 7:50:16 AM | Location : United States







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