Web Section: 5 Case Study

5.1 Value Surface

5.1.1 Normalized IPW-Surface

Figure 5.1: Estimated value of regime using normalized IPW

5.1.2 Value Surface using MSM

Figure 5.2: Estimated value surface of regime using quadratic MSM and scatter plot of normalized IPW estimates.

5.2 Matern 5/2 GP Graphics

5.2.1 Interpolating GP

Figure 5.3: Estimated value of regime using interpolating GP after an additional 25 sampled points

5.2.2 Homoskedastic GP

Figure 5.4: Estimated value of regime using homoskedastic GP after an additional 25 sampled points

5.2.3 Heteroskedstic GP

Figure 5.5: Estimated value of regime using heteroskedastic GP after an additional 25 sampled points

5.3 Matern 3/2 GP Graphics

5.3.1 Interpolating GP

Figure 5.6: Estimated value of regime using interpolating GP after an additional 25 sampled points

5.3.2 Homoskedastic GP

Figure 5.7: Estimated value of regime using homoskedastic GP after an additional 25 sampled points

5.3.3 Heteroskedastic GP

Figure 5.8: Estimated value of regime using homoskedastic GP after an additional 25 sampled points

5.4 Matern 5/2 Covariance; Log Normal Prior

5.4.1 Interpolating GP

Figure 5.9: Estimated value of regime using interpolating GP after an additional 25 sampled points

5.4.2 Homoskedastic GP

Figure 5.10: Estimated value of regime using homoskedastic GP after an additional 25 sampled points

5.4.3 Heteroskedastic GP

Figure 5.11: Estimated value of regime using homoskedastic GP after an additional 25 sampled points