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