Miscellaneous Regression Topics
Chapter Preview. This chapter provides a quick tour of several regression topics that an analyst is likely to encounter in different regression contexts. The goal of this chapter is to introduce these topics, provide definitions, and illustrate contexts in which the topics may be applied.
15.1 Mixed Linear Models
Although mixed linear models are an established part of statistical methodology, their use is not as widespread as regression in actuarial and financial applications. Thus, the section introduces this modeling framework, beginning with a widely used special case. After introducing the modeling framework, ...