Analytics to Model Nonlinear Response
Cynthia Fraser
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Cynthia Fraser: University of Virginia, McIntire School of Commerce
Chapter Chapter 7 in Business Statistics for Competitive Advantage with Excel and JMP, 2024, pp 141-177 from Springer
Abstract:
Abstract In many cases, trends (and other responses) are not constant over time periods. To accommodate nonlinear response, variables can be rescaled to produce valid models with superior fit. An example will be offered in the context of trend models built for forecasting.
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-42555-4_7
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DOI: 10.1007/978-3-031-42555-4_7
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