Polynomial regression
Posted: Sun Apr 29, 2012 4:47 pm
When performing a regression in Eviews which includes a sqaure term what is it exactly that this term is showing?
for exmaple regressing price against weight size value^2 condition (just a completely made up example)
What would the sqaured term be showing? and in what way does this differ from it being just linear and finally can you have a regression containing more than one square term?
Thanks! :D
for exmaple regressing price against weight size value^2 condition (just a completely made up example)
What would the sqaured term be showing? and in what way does this differ from it being just linear and finally can you have a regression containing more than one square term?
Thanks! :D