Search results
Results From The WOW.Com Content Network
In regression analysis, partial leverage (PL) is a measure of the contribution of the individual independent variables to the total leverage of each observation. That is, if h i is the i th element of the diagonal of the hat matrix, PL is a measure of how h i changes as a variable is added to the regression model.
Partial leverage (PL) is a measure of the contribution of the individual independent variables to the total leverage of each observation. That is, PL is a measure of how h i i {\displaystyle h_{ii}} changes as a variable is added to the regression model.
Partial regression plots are most commonly used to identify data points with high leverage and influential data points that might not have high leverage. Partial residual plots are most commonly used to identify the nature of the relationship between Y and X i (given the effect of the other independent variables in the model).
Such recapitalizations are executed via issuing bonds to raise money and using the proceeds to buy the company's stock or to pay dividends. Such a maneuver is called a leveraged buyout when initiated by an outside party, or a leveraged recapitalization when initiated by the company itself for internal reasons.
As a result, the increased use of leverage increases the risk of default should the company perform poorly after the buyout. [3] Since the early 2000s, the debt-to-equity ratio in leveraged buyouts has declined significantly, resulting in increased focus on operational improvements and follow-on M&A activity to generate attractive returns. [4]
Another example is a leveraged buyout, essentially a leveraged recapitalization initiated by an outside party.Usually, incumbent equity holders cede control. The reasons for this transaction may include:
Overall, a partial government shutdown would stop all work for about 20% of the government and delay paychecks to impacted workers in agencies like the Department of Agriculture and air traffic ...
Retrieved from "https://en.wikipedia.org/w/index.php?title=Partial_leverage_plot&oldid=228187331"