RAS Social ScienceЭкономика и математические методы Economics and the Mathematical Methods

  • ISSN (Print) 0424-7388
  • ISSN (Online) 3034-6177

LINEAR LEAST ABSOLUTE VALUES METHODS

PII
S042473880000616-6-1
DOI
10.7868/S0000616-6-1
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume 51 / Issue 4
Pages
118-122
Abstract

Two of the least absolute value methods are considered, called so by analogy with the method of least squares. In this paper, the fi rst method, which is known as the least absolute deviations method, is called the absolute ordinate regression. It was proposed by Laplace; nowadays calculations, which are usually carried out by iteration, require computers. In this paper, we present another method of calculation. The second method is called the absolute normal regression and is presented here for the fi rst time. An algorithm for calculating the coeffi cients of regression and an assessment for their quality are developed. These methods are not necessarily associated with random variables only; they are of much wider use than just that. The results are important for addressing the most economic problems of current interest such as building a road system with the least total length and the like.

Keywords
least squares method (LSM), least absolute deviations method (LADM), least absolute values method, absolute ordinate regression, absolute normal regression
Date of publication
01.10.2015
Year of publication
2015
Number of purchasers
1
Views
832

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Higher Attestation Commission

At the Ministry of Education and Science of the Russian Federation

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Scientific Electronic Library