President Barack Obama â Blanket America Charity
In each the AIC and DIC, lower values correspond to raised mannequin fit. Accordingly, we’d count on estimates from these models to be biased. Thus, any bias that’s introduced via model misspecification is mitigated by the small influence of the skewed noise term on the overall estimation. Strictly speaking, the non-normality of the error term signifies that the OLS and […]