Choong Nyoung Kim and Raymond McLeod, Jr. Analysis of human judgment and decision making provides useful methodologies for examining the human decision process and substantive results. One such ...

Bayesian methods for dynamic models in marketing have so far been parametric. For instance, it is invariably assumed that model errors emerge from normal distributions. Yet using arbitrary ...

Linear regression is a powerful and long-established statistical tool that is commonly used across applied sciences, economics and many other fields. Linear regression considers the relationship ...

Ordinary linear regression (OLR) assumes that response variables are continuous. Generalized Linear Models (GLMs) provide an extension to OLR since response variables can be continuous or discrete ...

The seemingly unpredictable, and thereby uncontrollable, dynamics of living organisms have perplexed and fascinated ...

(Santa Barbara, Calif.) — Any home gardener knows they have to tailor their watering regime for different plants. Forgetting to water their flowerbed over the weekend could spell disaster, but the ...