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Recently, finite mixture models have been used to model the distribution of the error terms in multivariate linear regression analysis. In particular, Gaussian mixture models have been employed. A novel approach that assumes that the error terms follow a finite mixture of t distributions is...
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A model-based clustering approach which contextually performs dimension reduction and variable selection is presented. Dimension reduction is achieved by assuming that the data have been generated by a linear factor model with latent variables modeled as Gaussian mixtures. Variable selection is...
Persistent link: https://www.econbiz.de/10005005956