Abstract

Linear regression parameters based on fuzzy theory are compared with other statistical approaches. A new algorithm of a simple weighted least squares method, independent of a priori information, is proposed. The algorithm was verified on model data, and its adequacy was confirmed with the use of standard criteria. The algorithm has been implemented as Python language computer program. New method of calculation of the scatter of fuzzy dependent variable around its mediane value, as well as the upper and lower bonds of fuzzy regression equations have been developed and verified. Proposed methods are shown to be useful alternatives to the most popular methods for constructing linear regression, which assume a normal distribution of errors.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.