I'm exploring different statistical models for my data analysis project and considering the use of Gaussian Mixture Model (GMM). I want to understand the advantages and reasons for choosing GMM over other models.
6 answers
BitcoinWizardry
Sat Nov 09 2024
An overidentified estimator can provide additional robustness and reliability in statistical inference.
BusanBeauty
Sat Nov 09 2024
GMM extends the application of the method of moments (MM) by incorporating a greater number of moment conditions compared to the number of parameters.
CoinPrince
Sat Nov 09 2024
GMM is particularly useful in complex models where traditional estimation methods may be insufficient.
VoyagerSoul
Sat Nov 09 2024
This extension allows GMM to leverage additional information, thereby enhancing its efficiency relative to MM.
KDramaLegend
Sat Nov 09 2024
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