Question: can u explain main idea behind using Quantile regression model. ( i do not want google answers please explain in simple words in just 5

can u explain main idea behind using Quantile regression model. ( i do not want google answers please explain in simple words in just 5 to 8 lines.) and advantages of using quantile regression over OLS model in 4 to 5 points in simple words not google answer.

thank u

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

CHA P TER 9 Understanding Software: A Primer for Managers 1. INTRODUCTION L E A R N I N G O B J E C T I V E S 1. Recognize the importance of software and its implications for the rm and strategic...

This question involves the use of AGGREGATE linear PYTHOIN regression on the Auto data set. (a) Perform a simple linear regression with mpg as the response and horsepower as the predictor. Describe...

3 COLLEGE ALGEBRA - TRIGONOMETRY Business and Finance (MAT115) This course will start with a review of basic algebra (factoring, solving linear equations, and equalities, etc.) and proceed to a study...

ADMN 233 Assignment 4 Assignment 4 Instructions Assignment 4 is worth 20% of your final mark. It should be completed and submitted after you finish Chapter 13 in your textbook. This assignment is...

Overview Nineteen67apparel is an apparel e-commerce company in London Ontario. This town is heavily populated with university students and young professionals, the total population of university...

London School of Science & Technology Qualification Unit number and title BTEC Level 5 HND Diploma Business UNIT 6: Business Decision Making Student name and ID number Assessor name Al Hassan Barrie...

This text was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License without attribution as requested by the work's original creator or licensee. 1...

I hope you can answer this question and find the reference below the question. Thank you Topic: Conducting personal job interviews using the STAR model 1- Design a two-hour training work plan for 10...

Topic: Conducting personal job interviews using the star model 1-Design a two-hour training work plan for 10 trainees 2-Determine the quality of trainees 3-Use the training design model Formulate one...

The Final Paper demonstrate of the reading as well as the discussion ponts. The purpose of this assignment is to the concepts studied in this into a cohesive and paper. The Final Paperwill be titled...

Simon Company's year-end balance sheets follow. At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity...

According to the U.S. National Center for Health Statistics, 25.2 percent of males and 23.6 percent of females never eat breakfast. Suppose that random samples of 200 men and 200 women are chosen....

The FASB Accounting Standards Codification includes six levels or components. Which of the following is not one of those levels? a . Area b . Subparagraphs c . Paragraphs d . Topic

Solve py python language Write a class called linear to represents a linear equation (ax +b = 0). The class has the following methods: A constructor with one tuple argument called coefficients to...