Alternative parameterizations and problems of identification and estimation of multivariate random effects models for categorical responses are investigated. The issues are illustrated in the context ...
Explore the binomial tree model's use in option pricing, its workings, and examples. Learn how this model estimates intrinsic ...
Clustered data occur frequently in statistical practice. In some areas of application, such as ophthalmology, clustered data are the rule rather than the exception. In this setting, standard ...