E[Y|X] = XB Similarly, we will assume linearity of the conditional quantile functio Q(T|X) = XB₂ The quantile regression estimator is the sample analog of (7), whereby F(Y,X) is replaced by the EDF F(Y,X) with support on the data sample: B₁ - = arg min Elp(y; -x;ß)] i=1

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E[Y|X] = XB
Similarly, we will assume linearity of the conditional quantile functio
Q(T|X) = XB₂
The quantile regression estimator is the sample analog of (7),
whereby F(Y,X) is replaced by the EDF F(Y,X) with support on
the data sample:
B₁ + = argmin Σ\p-(y; - xB)]
i=1
Transcribed Image Text:E[Y|X] = XB Similarly, we will assume linearity of the conditional quantile functio Q(T|X) = XB₂ The quantile regression estimator is the sample analog of (7), whereby F(Y,X) is replaced by the EDF F(Y,X) with support on the data sample: B₁ + = argmin Σ\p-(y; - xB)] i=1
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