a. What is meant by latent factors? b. How are latent factors estimated? c. Why do statisticians
Question:
a. What is meant by latent factors?
b. How are latent factors estimated?
c. Why do statisticians use factor models?
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a Latent factors also known as unobservable factors are variables that cannot be directly measured or observed but are believed to influence the obser...View the full answer
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Related Book For 
The Theory And Practice Of Investment Management
ISBN: 9780470929902
2nd Edition
Authors: Frank J Fabozzi, Harry M Markowitz
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