Question: Verify the following differential equation, which applies to the Box??Cox transformation: Show that the limiting sequence for = 0 is these results can be

Verify the following differential equation, which applies to the Box??Cox transformation:

Show that the limiting sequence for λ = 0 is these results can be used to great advantage in deriving the actual second derivatives of the log-likelihood function for the Box??Cox model.

d ( 1 ) [x+(m_xy_id=17(6)] (In. ! d-1 lim A-0 d (In

d ( 1 ) [x+(m_xy_id=17(6)] (In. ! d-1 lim A-0 d (In x)/+1 i +1 (9-33) (9-34)

Step by Step Solution

3.50 Rating (163 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The proof can be done by mathematical induction For convenience denote the ith derivati... View full answer

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

Document Format (1 attachment)

Word file Icon

3-M-E-E-A (61).docx

120 KBs Word File

Students Have Also Explored These Related Econometric Questions!