Other Methods
Although the parameters of a regression model are usually estimated using the method of least squares, other methods which have been used include:
- Bayesian methods, e.g. Bayesian linear regression
- Percentage regression, for situations where reducing percentage errors is deemed more appropriate.
- Least absolute deviations, which is more robust in the presence of outliers, leading to quantile regression
- Nonparametric regression, requires a large number of observations and is computationally intensive
- Distance metric learning, which is learned by the search of a meaningful distance metric in a given input space.
Read more about this topic: Regression Analysis
Famous quotes containing the word methods:
“The methods by which a trade union can alone act, are necessarily destructive; its organization is necessarily tyrannical.”
—Henry George (1839–1897)
“I believe in women; and in their right to their own best possibilities in every department of life. I believe that the methods of dress practiced among women are a marked hindrance to the realization of these possibilities, and should be scorned or persuaded out of society.”
—Elizabeth Stuart Phelps (1844–1911)