Accession Number : AD0707389
Title : A REGRESSION ANALYSIS PROCEDURE FOR ESTIMATING COSTS FROM SMALL SAMPLES.
Descriptive Note : Technical rept.,
Corporate Author : ARMY WEAPONS COMMAND ROCK ISLAND ILL COST ANALYSIS OFFICE
Personal Author(s) : Faber,Conrad W.
Report Date : JUN 1969
Pagination or Media Count : 48
Abstract : A detailed procedure for determining a cost estimating relationship is described in detail which can be followed by someone with limited statistical background and can be computed on a standard desk calculator. The model is a linear equation of one or two independent variables and describes the dependent variable as increasing at a constant, increasing, or decreasing rate as the causative characteristic increases. The latter two cases are accomplished by transformations. Included are procedures for validating the resulting equation and a discussion of its limitations. (Author)
Descriptors : (*COSTS, MATHEMATICAL PREDICTION), (*REGRESSION ANALYSIS, SAMPLING), CONFIDENCE LIMITS, DECISION THEORY, GRAPHICS
Subject Categories : Economics and Cost Analysis
Statistics and Probability
Distribution Statement : APPROVED FOR PUBLIC RELEASE