Re: Least squares Was: Re: what is s.d.?

2000-05-22 Thread dennis roberts
At 12:41 PM 5/22/00 -0500, Herman Rubin wrote: (in response to bob hayden's note) >As for outliers, the appropriate meaning for them is that they >are observations which are incorrect, or for which the assumptions >of the model are invalid. Those should be removed, as should >any others of tha

Least squares Was: Re: what is s.d.?

2000-05-22 Thread Herman Rubin
In article <[EMAIL PROTECTED]>, Bob Hayden <[EMAIL PROTECTED]> wrote: >Least squares methods are in some sense optimal when the "errors" >estimated by the residuals are normally distributed. They are >questionable when the errors are multimodal, strongly skewed, or >afflicted with outliers. L

what is s.d.?

2000-05-22 Thread Bob Hayden
The standard deviation of a single batch of numbers is a typical value for the residuals (deviations from the mean). If you divide by n, it is the RMS mean of the residuals. You can check your calculation of the s.d. by comparing it to the residuals. The mean is the measure of center that minim