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Point Estimation of the Parameters of Piecewise Regression Models
Author(s) -
Hawkins Douglas M.
Publication year - 1976
Publication title -
journal of the royal statistical society: series c (applied statistics)
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.205
H-Index - 72
eISSN - 1467-9876
pISSN - 0035-9254
DOI - 10.2307/2346519
Subject(s) - estimation , statistics , mathematics , regression analysis , piecewise , regression , segmented regression , econometrics , polynomial regression , economics , mathematical analysis , management
Summary Two methods of fitting piecewise multiple regression models are presented. One, based on dynamic programming, yields maximum‐likelihood estimators and is suitable for sequences of moderate length. A second, hierarchical, procedure yields approximations to the maximum‐likelihood estimators and is suitable for very long sequences of data. Both methods have computational requirements that are linear in the number of segments.