This study considers all the possible actions a borrower may have, i.e., to default, to prepay, and to maintain the mortgage, during mortgage horizon. Then, we provide an effective and accurate ...

The benefits of regression analysis are manifold: The regression method of forecasting is used for, as the name implies, forecasting and finding the causal relationship between variables. An ...

A new technique is presented for the numerical derivation of closed-form expressions of spatial-domain Green's functions for multilayered media. In the new technique, the spectral-domain Green's ...

5 Alternative methods Besides trimming and winsorizing, there are other methods to deal with outliers in regression, such as transforming the data, using robust estimators, or adding dummy variables.