Twelve Ways to Fit a Straight Line
Marcel van Oijen ()
Chapter Chapter 8 in Bayesian Compendium, 2020, pp 49-62 from Springer
Abstract:
Abstract Fitting a straight line through data can be done in many ways that may seem different at first, but after closer inspection prove to be based on the same mathematics. In this chapter, we shall fit a line to data in twelve different ways and compare the resulting parameter estimates. So our goal is to estimate the intercept and the slope of the line.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-55897-0_8
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DOI: 10.1007/978-3-030-55897-0_8
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