Estimating the average slope
The slope is usually the parameter of primary importance in a simple linear regression. If the straight line model gives a poor fit to the data, one can consider the average slope of the non-linear response. In this paper, we show that if the response is quadratic, then the average slope can be obtained by simply using the slope from a straight line fit. In fact, if the slope of the best fitting line to a smooth non-linear function equals the average slope of the function over an arbitrary interval, then the function must be quadratic. This paper illustrates the case where intentionally fitting a wrong model (in this case, a straight line) gives the correct result (the average slope). The example which motivated this study is used to illustrate the results.
| Year of publication: |
2003
|
|---|---|
| Authors: | Tarpey, Thaddeus |
| Published in: |
Journal of Applied Statistics. - Taylor & Francis Journals, ISSN 0266-4763. - Vol. 30.2003, 4, p. 389-395
|
| Publisher: |
Taylor & Francis Journals |
Saved in:
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