Webb31 dec. 2011 · The sandwich estimator, also known as robust covariance matrix estimator, heteroscedasticity-consistent covariance matrix estimate, or empirical covariance … Webbsandwich may help on the variance side, but the parameters being estimated by the MLE are likely to be meaningless—except perhaps as descriptive statistics. Introduction This …
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When and How to use Weighted Least Squares (WLS) Models
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