Document Type
Article
Publication Title
Journal of Data Science
Publication Date
10-2012
Volume
10
Issue
4
Disciplines
Mathematics
Abstract
Correlation coefficients are generally viewed as summaries, causing them to be underutilized. Creating functions from them leads to their use in diverse areas of statistics. Because there are many correlation coefficients (see, for example, Gideon (2007)) this extension makes possible a very broad range of statistical estimators that rivals least squares. The whole area could be called a "Correlation Estimation System." This paper outlines some of the numerous possibilities for using the system and gives some illustrative examples. Detailed explanations are developed in earlier papers. The formulae to make possible both the estimation and some of the computer coding to implement it are given. This approach has been taken in hopes that this condensed version of the work will make the ideas accessible, show their practicality, and promote further developments.
Keywords
Classical regression, correlation coefficient, density parameter estimation, nonlinear regression, rank statistics
Rights
© 2012 Rudy Gideon
Recommended Citation
Gideon, Rudy, "Obtaining Estimators from Correlation Coefficients: The Correlation Estimation System and R" (2012). Mathematical Sciences Faculty Publications. 2.
https://scholarworks.umt.edu/math_pubs/2