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Beta regression in the presence of outliers - A wieldy Bayesian solution.

Authors :
Niekerk, Janet van
Bekker, Andriette
Arashi, Mohammad
Source :
Statistical Methods in Medical Research. Dec2019, Vol. 28 Issue 12, p3729-3740. 12p.
Publication Year :
2019

Abstract

Real phenomena often leads to challenges in data. One of these is outliers or influential values. Especially in a small sample, these values can have a major influence on the modeling process. In the beta regression framework, this issue has been addressed mainly in two ways: the assumption of a different response model and the application of a minimum density power divergence estimation (MDPDE) procedure. In this paper, however, we propose a simple hierarchical Bayesian methodology in the context of a varying dispersion beta response model that is robust to outliers, as shown through an extensive simulation study and analysis of two real data sets. To robustify Bayesian modeling, a heavy-tailed Student's t prior with uniform degrees of freedom is adopted for the regression coefficients. This proposal results in a wieldy implementation procedure which avails practical use of the approach. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
09622802
Volume :
28
Issue :
12
Database :
Academic Search Index
Journal :
Statistical Methods in Medical Research
Publication Type :
Academic Journal
Accession number :
138612389
Full Text :
https://doi.org/10.1177/0962280218814574