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This paper presents a conditional mixture, maximum likelihood methodology for performing clusterwise linear regression. This new methodology simultaneously estimates separate regression functions and membership in K clusters or groups. A review of related procedures is discussed with an...
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Subcompositional coherence is a fundamental property of Aitchison’s approach to compositional data analysis, and is the principal justification for using ratios of components. We maintain, however, that lack of subcompositional coherence, that is incoherence, can be measured in an attempt to...
Persistent link: https://www.econbiz.de/10005704866
Survey data on forest owner attitudes can be used to divide forest owners into types, each type forming a group of similar owners with attitudes differing markedly from those observed for other types. Such an empirical typology can be developed using a range of different statistical methods,...
Persistent link: https://www.econbiz.de/10011168103
In this paper, the profitability indicators are analysed for the first hundred companies of the Croatian market, which are classified according to the net profit. The profitability indicators included in the analysis are the following: EBIT margin, EBITDA margin, net profit margin, return on...
Persistent link: https://www.econbiz.de/10011781322
The study aims at empirical verification of the quality of pension system clustering based on two dimensions: the extent of involvement of the state in the pension system and the level of voluntariness. To answer the question of whether these two dimensions actually determine the division into...
Persistent link: https://www.econbiz.de/10011760551
This paper develops a maximum likelihood based method for simultaneously performing multidimensional scaling and cluster analysis on two-way dominance or profile data. This MULTICLUS procedure utilizes mixtures of multivariate conditional normal distributions to estimate a joint space of...
Persistent link: https://www.econbiz.de/10009476613
This paper develops a maximum likelihood based methodology for simultaneously performing multidimensional unfolding and cluster analysis on two-way dominance or profile data. This new procedure utilizes mixtures of multivariate conditional normal distributions to estimate a joint space of...
Persistent link: https://www.econbiz.de/10009477261
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