Advantages and Disadvantages of Multivariate Modeling . The advantage of multivariate modeling is that it provides more detailed “what if” scenarios for decision-makers to consider.

Multivariate models—like the Monte Carlo model—are popular statistical tools that use multiple variables to forecast possible outcomes. When employing a multivariate model, ...

Learn how to build a multivariate linear regression model step by step—no libraries, just pure C++ logic!

Motivated by the idea of Liu and Tian (Computational Statistics and Data Analysis, 83, 200-222; 2015), we develop a multivariate zero-inflated hurdle model to describe multivariate count data with ...

In this paper, we incorporate customers' multi-item purchase behavior into the assortment optimization problem. We consider both the uncapacitated and capacitated assortment problems under the ...

A model incorporating routinely collected variables accurately predicted 7-day mortality risk in HF patients presenting to the ED. This tool, researchers said, may improve clinical decision-making ...

We analyze the electricity generation of a mixed wind–photovoltaic (PV) system, considering a multivariate model that involves the required climatic variables. We include the price of electricity in ...