“The statistician knows...that in nature there never was a normal distribution, there never was a straight line, yet with normal and linear assumptions, known to be false, he can often derive results ...

Andriy Blokhin has 5+ years of professional experience in public accounting, personal investing, and as a senior auditor with Ernst & Young. Thomas J Catalano is a CFP and Registered Investment ...

Most discussions of ordinal variables in the sociological literature debate the suitability of linear regression and structural equation methods when some variables are ordinal. Largely ignored in ...

In this paper we introduce a smooth version of local linear regression estimators and address their advantages. The MSE and MISE of the estimators are computed explicitly. It turns out that the local ...

In this module, we will introduce generalized linear models (GLMs) through the study of binomial data. In particular, we will motivate the need for GLMs; introduce the binomial regression model, ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. David is comprehensively experienced in many facets of financial ...