ABSTRACT

The practice of statistical modeling undergoes continual change as a result of both methodological developments and progress in the computer environment. The high-performance computers facilitated widespread advances in the development of statistical modeling theory to capture the underlying nature of a phenomenon. It is evident that the amount of information has been increasing both in size and variety thanks to recent advancement of science technology. With the advancement of computers and the information age, the challenge of understanding vast amounts of complicated data has led to the development of various types of statistical models.