Weighted-Average Least Squares (WALS)
Download or Read eBook Weighted-Average Least Squares (WALS) PDF written by J.R Magnus and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle.
Author | : J.R Magnus |
Publisher | : |
Total Pages | : 0 |
Release | : 2016 |
ISBN-10 | : OCLC:1375633740 |
ISBN-13 | : |
Rating | : 4/5 (40 Downloads) |
Book Synopsis Weighted-Average Least Squares (WALS) by : J.R Magnus
Book excerpt: Model averaging has become a popular method of estimation, following increasing evidence that model selection and estimation should be treated as one joint procedure. Weighted-average least squares (WALS) is a recent model-average approach, which takes an intermediate position between frequentist and Bayesian methods, allows a credible treatment of ignorance, and is extremely fast to compute. We review the theory of WALS and discuss extensions and applications.