Published Online: 15 DEC 2012
Copyright © 2013 by Frank J. Fabozzi. All rights reserved.
Encyclopedia of Financial Models
How to Cite
Gowlland, C. 2012. Quantile Regression. Encyclopedia of Financial Models. .
- Published Online: 15 DEC 2012
Many of the statistical methods that are most commonly used by researchers and practitioners in finance are mainly focused on identifying the central tendency within a data set. However, there are numerous situations where it may be equally or more important to understand the dispersion between outcomes that are higher or lower than the central tendency. One statistical method that can be useful in such investigations is quantile regression, which conceptually can be viewed as a logical extension of ordinary least squares methods.
- ordinary least squares;
- central tendency;
- Quantile regressions;
- statistical analysis;