Stats, Volume 3, Issue 2

Mutual information is one of the essential building blocks of information theory. It is however only finitely defined for distributions in a subclass of the general class of all distributions on a joint alphabet. The unboundedness of mutual informati...

A proper understanding and analysis of suitable models involved in forecasting currency exchange rates dynamics is essential to provide reliable information about the economy. This paper deals with model fit and model forecasting of eight time series...

This paper aims to solve the problem of fitting a nonparametric regression function with right-censored data. In general, issues of censorship in the response variable are solved by synthetic data transformation based on the Kaplan–Meier estima...

Restricted Mean Survival Time ( $RMST$ ) experiences a renaissance and is advocated as a model-free, easy to interpret alternative to proportional hazards regression and hazard rates with implication in causal inference. Estimation of $RM$...

The notion of median in one dimension is a foundational element in nonparametric statistics. It has been extended to multi-dimensional cases both in location and in regression via notions of data depth. Regression depth (RD) and projection regression...

The prediction of yearly batting averages in Major League Baseball is a notoriously difficult problem where standard errors using the well-known PECOTA (Player Empirical Comparison and Optimization Test Algorithm) system are roughly 20 points. This p...