Tag: Estimates

You might expect me to follow that up with some pithy reversal, like George Box’s famous quote about models, but are estimates useful? That’s the question we’ll be digging into here. Software Development is Research Do pharmaceutical companies ask researchers to pro...

Here α and β are the regression coefficients i.e. the parameters that need to be calculated to understand the relation between Y and X. i has been subscripted along with X and Y to indicate that we are referring to a particular observation, a particular value associated with X and Y. &eps...