Class Notes (836,148)
ECON 337 (35)
Lecture

# ECON 337 Lecture 2

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School
Department
Economics (Arts)
Course
ECON 337
Professor
Kenneth Mac Kenzie
Semester
Fall

Description
Dani (ol ECON 331 Trying get a ine that Ats the paints The in residual a b tains negative number An sidual vice versa Residual is the residnout is tru e vorticie distanee te peivt from line wth the caveat th at if fre pot u ts below he line the vasidual is ve The least- S1 ares Lines Minimises the sum of the squareg the vasiduals Lav rage Squared residualn Cei jne caveat Calculus C examinabue. use some simultaneous equakens to s we Maxim he Minimne FHmme Set the d as qual to o unknowns owe a and Store tial differentiation pretend va abe is constr uct a bx Divide by Step skiefed The normal us Dani (ol ECON 331 Trying get a ine that Ats the paints The in residual a b tains negative number An sidual vice versa Residual is the residnout is tru e vorticie distanee te peivt from line wth the caveat th at if fre pot u ts below he line the vasidual is ve The least- S1 ares Lines Minimises the sum of the squareg the vasiduals Lav rage Squared residualn Cei jne caveat Calculus C examinabue. use some simultaneous equakens to s we Maxim he Minimne FHmme Set the d as qual to o unknowns owe a and Store tial differentiation pretend va abe
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