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MCD: RATS module to compute robust mean vector and covariance matrix

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Author Info
Eric Blankmeyer () (Texas State University)
Abstract

Given n joint observations on k continuous variables, mcd.src computes a robust mean vector and a robust covariance matrix using the minimum covariance determinant algorithm [P. J. Rousseeuw and A. M. Leroy (1987), Robust Regression and Outlier Detection, New York: Wiley]. Observations whose robust Mahalanobis distances exceed the 97.5% chi-square value with k degrees of freedom are flagged as potential outliers. mcd.src uses a resampling method, and the number of subsamples (each having k+1 data) is the procedure's only option (default = 3000 subsamples). mcd.src reads the data as series whose first observation is start and whose last observation is end (i. e., n = end - start + 1).

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File URL: http://fmwww.bc.edu/repec/bocode/m/mcd.src
File Format: text/plain
File Function: program code
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Publisher Info
Software component provided by Boston College Department of Economics in its series Statistical Software Components with number R931601.

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Programming language: RATS
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Date of creation: 16 Mar 1999
Date of revision:
Handle: RePEc:boc:bocode:r931601

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Related research
Keywords: robust estimation

Statistics
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This page was last updated on 2008-10-11.


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