Although it is common practice to fit a complex Bayesian model using Markov chain Monte Carlo (MCMC) methods, we provide an alternative sampling-based method to fit a two-stage hierarchical model in ...
A two-stage procedure is proposed for the generation of random variates from a multinomial distribution. In the first stage we propose that cell frequencies be generated as random deviates from a ...
Discover how simple random sampling ensures accurate and unbiased population research, offering efficiency and fairness over ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...