Often the questions we ask require us to make accurate predictions on how one factor affects an outcome. If a teacher is asked to work out how time spent writing an essay affects essay grades, it’s ...

The process of using past cost information to predict future costs is called cost estimation. While many methods are used for cost estimation, the least-squares regression method of cost estimation is ...

We design a numerical scheme for solving a Dynamic Programming equation with Malliavin weights arising from the time-discretization of backward stochastic differential equations with the integration ...

This article develops a method of calculating iterative estimates of the coefficients of a set of linear regression equations. There are p equations such that the explanatory variables are ...