An Application of Latent Class Random Coefficient Regression
- Lars Erichsen,
- Novo Nordisk,
- Technical University of Denmark
Research Output:
Journal Article or Conference Article in Journal
Journal article
Peer-reviewAbstract
In this paper we apply a statistical model combining a random coefficient regression model and a latent class regression model. The EM-algorithm is used for maximum likelihood estimation of the unknown parameters in the model and it is pointed out how this leads to a straightforward handling of a number of different variance or covariance restrictions. Finally, the model is used to analyze how consumers' preferences for eight coffee samples relate to sensory characteristics of the coffees. Within this application the analysis corresponds to a model-based version of the so-called external preference mapping.
Publication Information
Output type
Research Output:
Journal Article or Conference Article in Journal
Journal article
Peer-reviewOriginal language
EnglishPages from-to (Number of pages)
Pages 201-214Journal (Volume, Issue Number)
Journal of Applied Mathematics and Decision Sciences (Volume 8, Issue 4)Publication milestones
- Published - 2004
Publication status
Published - 2004
ISSN
1173-9126Publication IDs
- Scopus: 55449087156
- ORCID: /0000-0002-1432-7229/work/40611431
Publication metrics
PlumX
Citation count
2
Captures
2
