Two methods for dealing with missing data, vast improvements over traditional approaches, have become available in mainstream statistical software in the last few years.
Both of the methods discussed here require that the data are missing at random–not related to the missing values. If this assumption holds, resulting estimates (i.e., regression coefficients and standard errors) will be unbiased with no loss of power.
The first method is Multiple Imputation (MI). Just like the old-fashioned imputation [Read more…] about Two Recommended Solutions for Missing Data: Multiple Imputation and Maximum Likelihood