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What is likelihood in GLM?
What is likelihood in GLM?
SakuraSmile
Sun Oct 20 2024
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6 answers
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I'm trying to understand the concept of likelihood in the context of Generalized Linear Models (GLM). Could you explain what likelihood means in this specific statistical framework?
6 answers
Skywalker
Tue Oct 22 2024
The likelihood function serves as a vital tool in statistical analysis, providing insight into the likelihood of a particular set of population parameters having produced the observed data.
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EnchantedSky
Mon Oct 21 2024
This method is highly flexible and can be applied to a wide range of distributions, making it a popular choice for fitting GLMs to various types of data.
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PhoenixRising
Mon Oct 21 2024
It measures the relative probability, assigning higher values to parameter sets that are more probable to have yielded the given data.
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Ilaria
Mon Oct 21 2024
This approach is particularly useful in situations where the exact distribution of the data is unknown or complex, as it allows for estimation without assuming a specific form.
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Valentina
Mon Oct 21 2024
In the realm of Generalized Linear Models (GLM), the Maximum Likelihood method is the prevalent technique employed for estimating model parameters.
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