This study examined the relationship between the Monetary Policy Rate (MPR) and inflation across five continents from 2014 to 2023 using both Frequentist and Bayesian Linear Mixed Models (LMM). It ...
Evaluating the impact of program activities on outcomes occasionally involves complex data structures – such as units nested within clusters, and observed longitudinally – and the corresponding ...
Linear mixed models (LMMs) serve as a versatile statistical framework, combining fixed effects that capture the overall trends with random effects that account for variability across subjects, ...