TweetMultiple Linear Who????

TweetNever heard of it. You might want to do a google search on it.

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You might want to do a google search on it.

I don't know as even Google has heard of it!

TweetIt is the process of "regressing" a set of data values (or points) into a curve (or line). Use a lot by insurance actuaries and other "real" data analyists. I never had any classes like that, but it sounds pretty cool.

Try mathworld.com.

TweetNo idea , sorry............................

TweetSKIDDA MERINKY DO WHAT?

TweetHeard of it but never done it. From what I hear it's not that hard. If you are good at linear series interpolation this should be cake. I think it all deals with the Newton-Raphson or Lagrange points. But I could be wrong.

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Originally Posted by DIRTY_SOUTH

Multiple Linear Who????

I think the answer is 5........

Tweetcan you kill people or bomb the crap out of people with it, then yes I know

if not, then sorry I dont know!

TweetOk, I've looked into it more and yes, it is used to determine a certain value based on the data entered into a specific module. You use a graph.

Well, I talked with a guy at the State and he said I can learn it if I want but there's no real place for it in what I do. Apparantly you need a hell of a lot of data for it to be accurate in appraising real estate. If there is a hell of a lot of data availabe, then I don't need it because my current methods would be just as accurate.

Needless to say, I'm not going to crash my brain trying to learn something I wont ever use. Thanks for the input.

Tweet...and not to mention that simple applications like Excel do this type of thing for you as well. Not just linear estimations but polynomials as well.

We need a nerd forum here at fitnessgeared...for me especially.

TweetMay i ask what type of real estate you appraise. Must be commercial to be so definitive.

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Originally Posted by mick-G

May i ask what type of real estate you appraise. Must be commercial to be so definitive.

That's just the thing, I appraise single family residential and small income properties. No commercial. And you are right, I don't need to be so definitive for the scope of my assignments.

I sat down over luch on Saturday with an engineer buddy of mine and we scratched the surface of this stuff and how it applies to my job and I have concluded, there is no reason for me to learn it.