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Q: Weighted Least Squares regression
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What is weighted residual method?

In estimating a linear relationship using ordinary least squares (OLS), the regression estimates are such that the sums of squares of the residuals are minimised. This method treats all residuals as being as important as others.There may be reasons why the treatment of all residuals in the same way may not be appropriate. One possibility is that there is reason to believe that there is a systematic trend in the size of the error term (residual). One way to compensate for such heteroscedasticity is to give less weight to the residual when the residual is expected to be larger. So, in the regression calculations, rather than minimise the sum of squares of the residuals, what is minimised is their weighted sum of squares.


Is the slope of the Least Squares Regression Line very sensitive to outliers in the x direction with large residuals?

Yes, it is.


What is the slope b of the least squares regression line y equals a plus bx for these data?

The graph and accompanying table shown here display 12 observations of a pair of variables (x, y).The variables x and y are positively correlated, with a correlation coefficient of r = 0.97.What is the slope, b, of the least squares regression line, y = a + bx, for these data? Round your answer to the nearest hundredth.2.04 - 2.05


What is Least Cubic Method?

"Least Cubic Method" Also called "Generalized the Least Square Method", is new Method of data regression.


If the least squares regression line for predicting y from x is Y equals 500-20 X what is the predicted value of y?

520

Related questions

What is another name for the regression line?

It is often called the "Least Squares" line.


Is the least-squares regression line resistant?

No, it is not resistant.It can be pulled toward influential points.


What is weighted residual method?

In estimating a linear relationship using ordinary least squares (OLS), the regression estimates are such that the sums of squares of the residuals are minimised. This method treats all residuals as being as important as others.There may be reasons why the treatment of all residuals in the same way may not be appropriate. One possibility is that there is reason to believe that there is a systematic trend in the size of the error term (residual). One way to compensate for such heteroscedasticity is to give less weight to the residual when the residual is expected to be larger. So, in the regression calculations, rather than minimise the sum of squares of the residuals, what is minimised is their weighted sum of squares.


What has the author Naihua Duan written?

Naihua Duan has written: 'The adjoint projection pursuit regression' -- subject(s): Least squares, Regression analysis


What has the author T A Doerr written?

T. A. Doerr has written: 'Linear weighted least-squares estimation' -- subject(s): Least squares, Kalman filtering


What measures the percentage of total variation in the response variable that is explained by the least squares regression line?

coefficient of determination


Is the slope of the Least Squares Regression Line very sensitive to outliers in the x direction with large residuals?

Yes, it is.


What negative correlation indicate?

the negative sign on correlation just means that the slope of the Least Squares Regression Line is negative.


What is the least squares regression line?

Suppose you have two variables X and Y, and a set of paired values for them. You can draw a line in the xy-plane: say y = ax + b. For each point, the residual is defined as the observed value y minus the fitted value: that is, the vertical distance between the observed and expected values. The least squares regression line is the line which minimises the sum of the squares of all the residuals.


What is quantile regression?

Quantile regression is considered a natural extension of ordinary least squares. Instead of estimating the mean of the regressand for a given set of regressors, and instead of minimizing sum of squares, it estimates different values of the regressand across its distribution, and minimizes instead the absolute distances between observations.


Why are there two regression lines?

There are two regression lines if there are two variables - one line for the regression of the first variable on the second and another line for the regression of the second variable on the first. If there are n variables you can have n*(n-1) regression lines. With the least squares method, the first of two line focuses on the vertical distance between the points and the regression line whereas the second focuses on the horizontal distances.


What should you use to find the equation for a line of fit for a scatter plot?

Least squares regression is one of several statistical techniques that could be applied.