Minimizing The Sum of Errors Raised to the Power of Four: A New Approach to Conducting Regression Analysis

Fatollah Salimian, Salisbury University

ABSTRACT
This study employs sum of the errors raised mainly to the power of four and in general to the power of 2n where n is an integer equal to or greater than two to conduct regression analysis. It is shown that this approach will produce better results in cases where there is a significant number of outliers in the data under investigation.

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Updated 03/19/2014