33 results about "Quantile regression" patented technology

Quantile regression is a type of regression analysis used in statistics and econometrics. Whereas the method of least squares results in estimates of the conditional mean of the response variable given certain values of the predictor variables, quantile regression aims at estimating either the conditional median or other quantiles of the response variable. Essentially, quantile regression is the extension of linear regression and we use it when the conditions of linear regression are not applicable.