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Why is the the t distribution not suitable in here? Also, just a general question, for binomial the expected probability of component damage is p....
I'm considering the benefits of building Elastic Net models over GLM for claims severity. Can someone advise whether EN models are more robust to...
On page 12-13 of chapter 13 it puts the pdf of normal distribution into the form of f(y; theta, phi) = exp[(ytheta - b(theta)) / a(phi) + c(y,...
I would like to ask why the degree of freedom is 6 in the Chi-square test? The answer key wrote: Degree of freedom = number of levels in factor...
Hi, I suppose this question is relevant to this section since the first introduction of GLMs is done on CS1. So the question is, do you know any...
As a solution they have put up the link function as ߺ+ß1xi. Why dont we use the canonical link function of Log(mu) if the data is given as a...