A Novel Regression Approach: Least Squares Ratio
COMMUNICATIONS IN STATISTICS-THEORY AND METHODS, vol.38, no.9, pp.1539-1545, 2009 (SCI-Expanded, Scopus)
- Publication Type: Article / Article
- Volume: 38 Issue: 9
- Publication Date: 2009
- Doi Number: 10.1080/03610920802455076
- Journal Name: COMMUNICATIONS IN STATISTICS-THEORY AND METHODS
- Journal Indexes: Science Citation Index Expanded (SCI-EXPANDED), Scopus
- Page Numbers: pp.1539-1545
- Istanbul University Affiliated: Yes
Abstract
Regression Analysis (RA) is one of the frequently used tool for forecasting. The
Ordinary Least Squares (OLS) Technique is the basic instrument of RA and there
are many regression techniques based on OLS. This paper includes a new regression
approach, called Least Squares Ratio (LSR), and comparison of OLS and LSR
according to mean square errors of estimation of theoretical regression parameters
(mse ß) and dependent value (mse y).