Figure 1: Likelihood-based methods are less accurate than maximum parsimony (MP) under heterogeneous conditions. Figure 2: Parsimony outperforms likelihood over a wide range of heterotachous ...

The rapid accumulation of genome sequence data has made phylogenetics an indispensable tool to various branches of biology. However, it has also posed considerable statistical and computational ...

The likelihood equation for a logistic regression model does not always have a finite solution. Sometimes there is a nonunique maximum on the boundary of the parameter space, at infinity. The ...

In the process of loan pricing, stress testing, capital allocation, modeling of probability of default (PD) term structure and International Financial Reporting Standard 9 expected credit loss ...