Extended Beta Regression in R: Shaken, Stirred, Mixed, and Partitioned

Beta regression – an increasingly popular approach for modeling rates and proportions – is extended in various directions: (a) bias correction/reduction of the maximum likelihood estimator, (b) beta regression tree models by means of recursive partitioning, (c) latent class beta regression by means...

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Main Authors: Bettina Grün, Ioannis Kosmidis, Achim Zeileis
Format: Article
Language:English
Published: Foundation for Open Access Statistics 2012-05-01
Series:Journal of Statistical Software
Subjects:
Online Access:http://www.jstatsoft.org/v48/i11/paper
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author Bettina Grün
Ioannis Kosmidis
Achim Zeileis
author_facet Bettina Grün
Ioannis Kosmidis
Achim Zeileis
author_sort Bettina Grün
collection DOAJ
description Beta regression – an increasingly popular approach for modeling rates and proportions – is extended in various directions: (a) bias correction/reduction of the maximum likelihood estimator, (b) beta regression tree models by means of recursive partitioning, (c) latent class beta regression by means of finite mixture models. All three extensions may be of importance for enhancing the beta regression toolbox in practice to provide more reliable inference and capture both observed and unobserved/latent heterogeneity in the data. Using the analogy of Smithson and Verkuilen (2006), these extensions make beta regression not only “a better lemon squeezer” (compared to classical least squares regression) but a full-fledged modern juicer offering lemon-based drinks: shaken and stirred (bias correction and reduction), mixed (finite mixture model), or partitioned (tree model). All three extensions are provided in the R package betareg (at least 2.4-0), building on generic algorithms and implementations for bias correction/reduction, model-based recursive partioning, and finite mixture models, respectively. Specifically, the new functions betatree() and betamix() reuse the object-oriented flexible implementation from the R packages party and flexmix, respectively.
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spelling doaj.art-abdfe883432c4cf7bcfb458472804a8d2022-12-21T22:37:47ZengFoundation for Open Access StatisticsJournal of Statistical Software1548-76602012-05-014811Extended Beta Regression in R: Shaken, Stirred, Mixed, and PartitionedBettina GrünIoannis KosmidisAchim ZeileisBeta regression – an increasingly popular approach for modeling rates and proportions – is extended in various directions: (a) bias correction/reduction of the maximum likelihood estimator, (b) beta regression tree models by means of recursive partitioning, (c) latent class beta regression by means of finite mixture models. All three extensions may be of importance for enhancing the beta regression toolbox in practice to provide more reliable inference and capture both observed and unobserved/latent heterogeneity in the data. Using the analogy of Smithson and Verkuilen (2006), these extensions make beta regression not only “a better lemon squeezer” (compared to classical least squares regression) but a full-fledged modern juicer offering lemon-based drinks: shaken and stirred (bias correction and reduction), mixed (finite mixture model), or partitioned (tree model). All three extensions are provided in the R package betareg (at least 2.4-0), building on generic algorithms and implementations for bias correction/reduction, model-based recursive partioning, and finite mixture models, respectively. Specifically, the new functions betatree() and betamix() reuse the object-oriented flexible implementation from the R packages party and flexmix, respectively.http://www.jstatsoft.org/v48/i11/paperbeta regressionbias correctionbias reductionrecursive partitioningfinite mixtureR
spellingShingle Bettina Grün
Ioannis Kosmidis
Achim Zeileis
Extended Beta Regression in R: Shaken, Stirred, Mixed, and Partitioned
Journal of Statistical Software
beta regression
bias correction
bias reduction
recursive partitioning
finite mixture
R
title Extended Beta Regression in R: Shaken, Stirred, Mixed, and Partitioned
title_full Extended Beta Regression in R: Shaken, Stirred, Mixed, and Partitioned
title_fullStr Extended Beta Regression in R: Shaken, Stirred, Mixed, and Partitioned
title_full_unstemmed Extended Beta Regression in R: Shaken, Stirred, Mixed, and Partitioned
title_short Extended Beta Regression in R: Shaken, Stirred, Mixed, and Partitioned
title_sort extended beta regression in r shaken stirred mixed and partitioned
topic beta regression
bias correction
bias reduction
recursive partitioning
finite mixture
R
url http://www.jstatsoft.org/v48/i11/paper
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