In the pricing of customized products, it is challenging to accurately predict the purchase likelihood of potential clients for each personalized request. The heterogeneity of customers and their resp
In this article, we use the cross-entropy method for noisy optimization for fitting generalized linear multilevel models through maximum likelihood. We propose specifications of the instrumental distr
Only models with significant components (marked with a *) are displayed. Proportion estimates are on the logit scale, and colony estimates on log scale. Model fit is calculated as follows: ((null devi
