In explaining wage or income by personal attributes (e.g. educational attainment, age, and ethnicity) in a regression model, many researchers choose to use the log of wage or income as the dependent variable and then to estimate the unknown coefficients by some version of the least-squares...

Measurable aspects of the economic convergence of EU countries form the main topic of this paper. For this purpose, statistical and econometric methods are presented and applied for revealing characteristic elements of such a process. A first group of methods refers mainly to aspects such as:...

Output devices in print production can be characterized by different characterization methods. One commonly used method of color device characterization is least squares fitting. In essence, the least squares fitting is used to determine the coefficients of a predetermined polynomial, such that...