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Estimating A Plane: Economics in the Third Dimension

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  • Robert S. Rycroft

    () (Mary Washington College)

Abstract

This paper describes a Web-based computer program called 'Estimating A Plane'. The program creates a three-dimensional 'world'. Within this world a sample of data from the linear model Y = f(X1, X2) can be selected and plotted in three-dimensional space. The program will then estimate the least squares coefficients of the model and graph its geometric representation a plane. The estimated coefficients can be compared to the 'true' coefficients and the estimated plane can be compared to the 'true' plane.

Suggested Citation

  • Robert S. Rycroft, 2004. "Estimating A Plane: Economics in the Third Dimension," Computers in Higher Education Economics Review, Economics Network, University of Bristol, vol. 16(1), pages 15-17.
  • Handle: RePEc:che:chepap:v:16:y:2004:i:1:p:15-17
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