A hundred years ago, during colonial times, more than a hundred thousand migrants from Britain and Ireland worked in India, mostly as soldiers and administrators. In contrast, only around 4,000 Indians lived in Britain: 1,000 students and 2,500 persons working in navigation related activities.
Simultaneously modeling multiple quantiles by possibly incorporating constraints across quantiles, in particular that of monotonicity, has been an important problem. While recent attempts to address this problem focus mostly on the monotonicity issue, we take a different route using a Bayesian approach.
Technology and entrepreneurship are often reckoned to be the twin-horses pulling national economies towards their developmental destinations.
We propose a joint model to combine models for hospital visits and out-of-pocket medical expenditures. It allows for the presence of non-linear effects of covariates using splines to capture the effects of aging on healthcare demand.
In the game of cricket, batting average is the most common and basic measure of a batsman's performance during a short duration, like a series or calendar year, as well over a longer span like the career. Batting average is considered in isolation or in combination with other measures like strike rate, at times depending on the form of the game.
A Bayesian Semiparametric Quantile Regression Model for Longitudinal Data with Application to Insurance Company Costs
This article examines the average cost function for property and casualty insurers. Cost function describes the relationship between a firm's minimum production cost and outputs.
Innovative resources and capabilities have been found to be essential to climb up the value chain in most industries.
Telecommunications in India has been one of the success stories of economic reforms that increased GDP growth to 9% from the earlier "Hindu rate of growth" of 3%. The number of telephone connections per one hundred people, or teledensity, has increased from a low of 0.81 in 1994 to 64.34 at the end of 20102. By most standards this is a creditable achievement.