The folklore on one-step estimation is that it inherits the breakdown point of the preliminary estimator and yet has the same large sample distribution as the fully iterated version as long as the ...
In recent columns we showed how linear regression can be used to predict a continuous dependent variable given other independent variables 1,2. When the dependent variable is categorical, a common ...
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 ...