Where can I find the random parameter matrix in MLwiN? How do I use this to work out the residual ('unexplained') variance at each level? Variances and covariances are stored in column c1096. (See ...
A convenient summary of the 'importance' of schools is the proportion of the total variance accounted for, which we will call the 'variance partition coefficient' (VPC) given by the formula: and in ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
One of the key assumptions of regression is that the variance of the errors is constant across observations. Correcting for heteroscedasticity improves the efficiency of the estimates. If you had a ...
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