Convenient Way of Extend Linear Expenditure System Modeling without Regression

Ningning Song; Yiqing Liu

doi:10.4236/ojs.2015.56055

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OJS> Vol.5 No.6, October 2015

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Convenient Way of Extend Linear Expenditure System Modeling without Regression

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DOI: 10.4236/ojs.2015.56055 2,121 Downloads 2,584 Views

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Ningning Song, Yiqing Liu

Affiliation(s)

Hubei Normal University, Huangshi, China.

ABSTRACT

Extend Linear Expenditure System model is a collection of multiple linear models, and modeling is a clearly tedious process. The innovation of this paper is trying to find a simple way of ELES modeling, which means, in order to omit the modeling process one by one, we try to use Excel functionality to create a model workplace. As long as you replace the original sample data in the workspace, you can get the results you want.

KEYWORDS

ELES Model, OLS, WLS

Conflicts of Interest

The authors declare no conflicts of interest.

Cite this paper

Song, N. and Liu, Y. (2015) Convenient Way of Extend Linear Expenditure System Modeling without Regression. Open Journal of Statistics, 5, 519-524. doi: 10.4236/ojs.2015.56055.

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