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In Pay-As-You-Drive (PAYD) automobile insurance, the premium is fixed based on the distance traveled, while in usage-based insurance (UBI) the driving patterns of the policyholder are also considered. In those schemes, drivers who drive more pay a higher premium compared to those with the same...
Persistent link: https://www.econbiz.de/10011996549
This paper studies the relationship between a vacancy population obtained from web crawling and vacancies in the economy inferred by a National Statistics Office (NSO) using a traditional method. We compare the time series properties of samples obtained between 2007 and 2014 by Statistics...
Persistent link: https://www.econbiz.de/10012290388
Complementing more specific "p-value discussions", this paper presents fundamental arguments for when null hypothesis statistical significance tests (NHST) are required and appropriate. The arguments, which are paradigmatic rather than technical, are operationalised and broken down to the extent...
Persistent link: https://www.econbiz.de/10015079038
A vivid debate is ongoing in the scientific community about statistical malpractice and the related publication bias. No general consensus exists on the consequences and this is reflected in heterogeneous rules defined by scientific journals on the use and reporting of statistical inference....
Persistent link: https://www.econbiz.de/10015079453
Stegmueller can be attributed to Monte Carlo Error and a flaw in the design of his simulation study. Secondly, they demonstrate …
Persistent link: https://www.econbiz.de/10012140441
Persistent link: https://www.econbiz.de/10012222240
A statistical decision rule is a mapping from data to actions induced by statistical inference on the data. We characterize these rules for data that are chosen strategically in persuasion environments. A designer wishes to persuade a decision maker (DM) to take a particular action and decides...
Persistent link: https://www.econbiz.de/10015419686
of the correlation matrix. However due to the finite size of both the number of variables and the number of observations …, a reliable determination of the correlation matrix may prove to be problematic. The structure of the correlation matrix …
Persistent link: https://www.econbiz.de/10010295323
Conditional Correlation (DCC) representation for estimating and forecasting time-varying conditional correlations. The reasons … properties; DCC is not a special case of Generalized Autoregressive Conditional Correlation (GARCC), which has testable …
Persistent link: https://www.econbiz.de/10010421297
regression, Box-Jenkins methodologies have been applied initially then GARCH-type models are used to counter the problems of auto-correlation …
Persistent link: https://www.econbiz.de/10011938300