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Bayesian Nonparametric Regression With A Flexible Error Term Distribution, Courtney Marie Barnes
Bayesian Nonparametric Regression With A Flexible Error Term Distribution, Courtney Marie Barnes
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Datasets often exhibit heavy tailed behavior and standard analyses are often heavily influenced by outliers. We propose a nonparametric regression model whose error term distribution is a mixture of a normal and a Student t distribution. This results in a model that is more resistant to outliers compared to a model with a normal error term.