11. In Chapter 9 we noted that the least squares coefficients in a regression model are found...
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11. In Chapter 9 we noted that the least squares coefficients in a regression model are found by minimizing the sums of squares of the errors as given in equation
(9.4). This is a nonlinear optimization problem. Using the Home Market Value data, set up a spreadsheet model to find the values for the slope and intercept using nonlinear optimization. Compare your answer with Example 9.3.
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Related Book For
Business Analytics Methods Models And Decisions
ISBN: 9780132950619
1st Edition
Authors: James R. Evans
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