Contributions: Abstract

Method of the least distances

As the method of least squares is inapplicable for handling outcomes of passive researches in such areas as econometrics, biometrics and many others, the author algebraically proves a method of the least distances for the handling of such data.

References

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Mechenov, A.S. (1998) On the confluent approach in regression analysis. Computational Mathematics and Modeling, 9, No. 3, 203-213

Mechenov, A.S. (2000) Least Distance Method for a confluent model with homoskedasticity in the matrix columns and in the right-hand side. Computational Mathematics and Modeling, 11, No. 3, 299-304