A Simulation Study of Bayesian Estimator for Seemingly Unrelated Regression under Different Distributional Assumptions
Ojo O. Oluwadare, Owonipa R. Oluremi & Enesi O. Lateifat · Asian Journal of Probability and Statistics · 2021
This paper presents Bayesian analysis of Seemingly Unrelated Regression (SUR) model. An independent prior for parameters was used. The Bayesian method was compared with classical method of estimation to know the most efficient estimator under different distributional assumptions...