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Box and Cox 1964 developed the transformation. Estimation of any Box Cox parameters is by maximum likelihood. Box and Cox 1964 offered an example in which the data had the form of survival times but the underlying biological structure was of hazard rates, and the transformation identified this..
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The new Fiat 500? No grazie! They’ve taken the super cool Fifties cl.ic and made it into the worst thing a car can ever be satisfactory. No wonder I loathe it .