Abstract
The method of least squares with k explanatory variables. X is often called the design matrix. Definition of the coefficient of determination and the multiple correlation coefficient. 100R2 is percentage of explained variation in y.
Keywords
- Linear Regression
- Explanatory Variable
- Total Variation
- Covariance Matrix
- Game Theory
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
This is a preview of subscription content, access via your institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsReferences
See e.g. Hogg and Craig (1995) or Rice (1995).
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2010 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
Sydsæter, K., Strøm, A., Berck, P. (2010). Method of least squares. In: Economists’ Mathematical Manual. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-28518-2_35
Download citation
DOI: https://doi.org/10.1007/978-3-540-28518-2_35
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-26088-2
Online ISBN: 978-3-540-28518-2
eBook Packages: Business and EconomicsEconomics and Finance (R0)