Talks about the latest DVD Player on the market

A marker strongly associated with outcome (or disease) is often assumed to be effective for classifying persons according to their current or future outcome. However, for this assumption to be true, the associated odds ratio must be of a magnitude rarely seen in epidemiologic studies. In this paper, an illustration of the relation between odds ratios and receiver operating characteristic curves shows, for example, that a marker with an odds ratio of as high as 3 is in fact a very poor classification tool. If a marker identifies 10% of controls as positive (false positives) and has an odds ratio of 3, then it will correctly identify only 25% of cases as positive (true positives). The authors illustrate that a single measure of association such as an odds ratio does not meaningfully describe a marker’s ability to classify subjects. Appropriate statistical methods for assessing and reporting the classification power of a marker are described. In addition, the serious pitfalls of using more traditional methods based on parameters in logistic regression models are illustrated.

Preference for er over ee

A class of variable selection procedures for parametric models via nonconcave penalized likelihood was proposed by Fan and Li to simultaneously estimate parameters and select important variables. They demonstrated that this class of procedures has an oracle property when the number of parameters is finite. However, in most model selection problems the number of parameters should be large and grow with the sample size. In this paper some asymptotic properties of the nonconcave penalized likelihood are established for situations in which the number of parameters tends to ∞ as the sample size increases. Under regularity conditions we have established an oracle property and the asymptotic normality of the penalized likelihood estimators. Furthermore, the consistency of the sandwich formula of the covariance matrix is demonstrated. Nonconcave penalized likelihood ratio statistics are discussed, and their asymptotic distributions under the null hypothesis are obtained by imposing some mild conditions on the penalty functions. The asymptotic results are augmented by a simulation study, and the newly developed methodology is illustrated by an analysis of a court case on the sexual discrimination of salary. Keywords: Model selection; nonconcave penalized likelihood; diverging parameters; oracle property; asymptotic normality; standard errors; likelihood ratio statistic