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Comparative Study on Different Types of Regression Applied to Unemployment in Maramures County of Romania

Author

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  • Tilca Magnolia

    (”Vasile Goldis” Western University of Arad)

  • Bojor Meda

    (”Gheorghe Sincai” National College Baia Mare)

Abstract

We are studying the economic phenomenon of the unemployment in Maramures County of Romania. To obtain plausible conclusions regarding this study we apply different types of regression: the linear regression, polynomial regression, spline and B-spline regression. In this paper we focus on the numerical side of the research and we compare the predicted values, the graphic representation of the evolution, the future predictions and the errors generated by the regressions mentioned above. The calculations are performed in R, a programming language for statistical computing. An implementation in R is given.

Suggested Citation

  • Tilca Magnolia & Bojor Meda, 2016. "Comparative Study on Different Types of Regression Applied to Unemployment in Maramures County of Romania," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 26(3), pages 44-61, September.
    • Handle: RePEc:vrs:suvges:v:26:y:2016:i:3:p:44-61:n:4
    DOI: 10.1515/sues-2016-0014
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