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In the behavioral, biomedical, and social-psychological sciences, mixed data types such as continuous, ordinal, count, and nominal are common. Subpopulations also often exist and contribute to heterogeneity in the data. In this paper, we propose a mixture of generalized latent variable models...
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At both the individual and societal levels, the health and economic burden of disability in older adults is enormous in developed countries, including the U.S. Recent studies have revealed that the disablement process in older adults often comprises episodic periods of impaired functioning and...
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The factor analysis model has been widely applied to study finance problems. The purpose of this paper is to introduce a Bayesian approach for analysing the factor analysis model. The advantages of the proposed Bayesian approach over the classical maximum likelihood rest on its capability to...
Persistent link: https://www.econbiz.de/10005495735
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In this article, the authors present a unified approach for maximum likelihood analysis of structural equation models that involve subtle model formulations and nonstandard data structures. Based on the idea of data augmentation, they describe a generic Monte Carlo expectation-maximization...
Persistent link: https://www.econbiz.de/10010789631