Sustainable Finance
Residuals Analysis of the Dirichlet Regression
Nov 02, 2008
DOI:
Published in: Egyptian Statistical Journal
Publisher: Institute of Statistical Studies and Research [Cairo University]
Dirichlet regression, besides logratio regression, has been widely used in modelling compositional data. In this paper, several approaches to compute residuals for Dirichlet regression are considered. The graphical and quantitative properties of the proposed residuals are investigated. Finally, the techniques proposed are illustrated with two applications.