Ordinary Least Squares: the Adequacy of Linear Regression Solutions under Multicollinearity and without it
The article deals with the problem of economic adequacy of solving a linear regression problem by the OLS method. The study uses the following definition of adequacy: a linear regression solution is considered adequate if it not only has correct signs but also correctly reflects the relationship bet...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
PH "INZHEK"
2019-03-01
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Series: | Problemi Ekonomiki |
Subjects: | |
Online Access: | http://www.problecon.com/export_pdf/problems-of-economy-2019-1_0-pages-217_227.pdf |