Abstract
An advanced review of Response Modeling Methodology (RMM) has recently summarized RMM core philosophy, modeling approach, and allied statistical expressions. This focus article complements the earlier review by presenting a stepby-step guide to estimating RMM models. The estimation procedure comprises two stages: first the median is estimated and then the rest of the RMM parameters are estimated. Three estimation procedures are presented for the latter stage: maximum likelihood, two-moment matching, and nonlinear quantile regression. The three estimation methods, as applied to RMM, are first expounded and then demonstrated via a numerical example, using Monte-Carlo simulated data from a γ distribution and an L4 orthogonal array design. Comparisons with generalized linear modeling and estimation, assuming γ distribution (correctly) and inverse Gaussian distribution (incorrectly), are given. A brief introduction to RMM is also provided.
Original language | English |
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Pages (from-to) | 323-333 |
Number of pages | 11 |
Journal | Wiley Interdisciplinary Reviews: Computational Statistics |
Volume | 4 |
Issue number | 3 |
DOIs | |
State | Published - 1 May 2012 |
Keywords
- Moment matching
- Quantile regression
- Response Modeling Methodology
- Statistical modeling
ASJC Scopus subject areas
- Statistics and Probability