EconPapers    
Economics at your fingertips  
 

Approximation

Allen Holder and Joseph Eichholz
Additional contact information
Allen Holder: Rose-Hulman Institute of Technology
Joseph Eichholz: Rose-Hulman Institute of Technology

Chapter Chapter 3 in An Introduction to Computational Science, 2019, pp 67-121 from Springer

Abstract: Abstract Data, either computed or gathered, is imperfect and/or incomplete, and having a handful of methods to display, analyze, and compress it is important. We consider three introductory methods that should be known by computational scientists. The first approximation is the method of least squares, which is a technique to optimize a particular functional form to a collection of data. If data is assumed to be stochastic, i.e. drawn from a random process, then the method of least squares supports the substantial statistical study known as linear regression. The second approximation is that of cubic splines, which creates a smooth curve to match data. The third approximation is principal component analysis, which compresses data to preserve statistical characteristics.

Date: 2019
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-3-030-15679-4_3

Ordering information: This item can be ordered from
http://www.springer.com/9783030156794

DOI: 10.1007/978-3-030-15679-4_3

Access Statistics for this chapter

More chapters in International Series in Operations Research & Management Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-04-01
Handle: RePEc:spr:isochp:978-3-030-15679-4_3