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Question

There is no value of x that can simultaneously satisfy both the given equations. Therefore, find the ‘least squares error’ solution to the two equations, i.e., find the value of x that minimizes the sum of squares of the errors in the two equations. __________

2x = 3

4x = 1

Concepts:

Least Square Method:

It is an approximation method to minimize the error.

In this method, the distance between the estimated value and the actual value is minimized.

According to the least square method, \({\rm{R\;}} = \mathop \sum \limits_1^{\rm{n}} {\left( {\overline {{{\rm{x}}_{\rm{i}}}} - {\rm{x}}} \right)^2}\) where \(\overline {{{\rm{x}}_{\rm{i}}}}\) are the estimated (or guessed value) and x is the actual values.

By minimizing this distance R the least-squares error can be found out.

Calculations:

Given the functions are:\(2{\rm{x\;}} = {\rm{\;}}3 \Rightarrow 2{\rm{x}} - 3 = 0{\rm{\;and\;}}4{\rm{x}} = 1{\rm{\;}} \Rightarrow 4{\rm{x}} - 1 = 0{\rm{\;}}\)

∴ \({\rm{R}} = {\rm{\;}}{\left( {2{\rm{x}} - 3} \right)^2} + {\left( {4{\rm{x}} - 1} \right)^2}.{\rm{\;}}\)

Hence, to minimize the value of  \({\rm{R}},{\rm{\;\;}}\frac{{{\rm{dR}}}}{{{\rm{dx}}}} = 0\)

∴ \({\rm{\;}}\frac{{{\rm{dR}}}}{{{\rm{dx}}}} = 2 \times 2\left( {2{\rm{x}} - 3} \right) + 4 \times 2\left( {4{\rm{x}} - 1} \right) = 0{\rm{\;}}\)

∴ \({\rm{x}} = \frac{1}{2}{\rm{\;}}\& {\rm{\;}}{{\rm{R}}_{{\rm{min}}}} = {\left( {2 \times \frac{1}{2} - 3} \right)^2} + {\left( {4 \times \frac{1}{2} - 1} \right)^2} = 5{\rm{\;\;\;}}\)

∴ The value of x that minimizes the sum of squares of the errors in the two equations is 1/2.

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Important Questions from Regression Analysis

  1. Dimension reduction methods have the goal of using the correlation structure among the predictor variables to accomplish which of the following:

    A. To reduce the number of predictor components

    B. To help ensure that these components are dependent

    C. To provide a framework for interpretability of the results

    D. To help ensure that these components are independent

    E. To increase the number of predictor components

    Choose the correct answer from the options given below:

  2. If a constant 2 is subtracted from each of the value of x and y the regression coefficient is

  3. The epidemiologist wish to develop an epidemiological model for development of breast cancer (n=150) based upon information on age, family history, and dietary habits of the subjects. Which one of the following epidemiological models will be the best choice?
  4. The indirect least square is applied to estimate the coefficient of the :
  5. If $\bar{x} = 32, \bar{y} = 38$, the regression coefficients $b_{xy} = -0.2337, b_{yx} = -0.6643$. Find the equation of the line of regression of y on x.
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