Model Diagnostics News Today

We focus on regression models that consist of (i) a model for the conditional mean of the outcome and (ii) a distributional assumption about the distribution of the outcome, both conditional on the regressors. Generalised linear models form a well-known example. The choice of the outcome distribution is often motivated by prior or background knowledge of the researcher, or it is simply chosen for convenience. We propose smooth goodness of fit tests for testing the distributional assumption in re...

Argus Possibility Curves estimate the possibility of what range oil prices will trade in and the balance of risk (asymmetry in he upside or downside risk), and have been developed using the most complete data set of actual deals and historical prices in US crude markets, as well as financial and macroeconomic drivers.

Argus Possibility Curves estimate the possibility of what range oil prices will trade in and the balance of risk (asymmetry in he upside or downside risk), and have been developed using the most complete data set of actual deals and historical prices in US crude markets, as well as financial and macroeconomic drivers.