Estimating A Plane: Economics in the Third Dimension

Robert S. Rycroft ()
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Robert S. Rycroft: Mary Washington College

Computers in Higher Education Economics Review, 2004, vol. 16, issue 1, 15-17

Abstract: This paper describes a Web-based computer program called 'Estimating A Plane'. The program creates a three-dimensional 'world'. Within this world a sample of data from the linear model Y = f(X1, X2) can be selected and plotted in three-dimensional space. The program will then estimate the least squares coefficients of the model and graph its geometric representation a plane. The estimated coefficients can be compared to the 'true' coefficients and the estimated plane can be compared to the 'true' plane.

Date: 2004
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