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Harry:
Please do send me the clarification, or better still post it here.
Regards
Lionel Issen
-----Original Message-----
From: Harry M. Ward [mailto:hmw3@xxxxxxxxxxxxxx]
Sent: Monday, August 16, 2004 12:52 AM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group] Re: Subject: Linear Regression / Linear
Regression Slope Relationship
On 15 Aug 2004 13:27:05 -0000, Roy Larsen wrote:
Since I only pick up my E-mail once a day or so, I see you have
several other folks trying to provide a formlation. I didn't check to
see if their code made sense.
To answer your question: Yes---if you convert "b" to Metastock Code
you will have the correct slope for the Linear Regression formula.
Will that give you the same result as using linregslope ()? I have no
idea. As you have taught me several times, just because it is
programmed by Equis doesn't make it correct! I suggest you take a data
set and test it in Excel with the Excel formula I listed, and compare
that to the results you get from the Metastock formula.
If you need clarification of my math formulation, I can send you a
Word document with all the correct symbols!
Harry
>>Hi Harry
>>
>>I'm totally lost with this mathematical jargon (which I admit is what I
asked for), but there a
>>couple of lines of your post that make sense to me. They are...
>>
>>b=the slope (Linear Regression Slope)
>>
>>and
>>
>>b=[(x1-xbar)(y1-ybar)+.......+(xn-xbar)(yn-ybar)]/
>> [(x1-xbar)sq +......+(xn-xbar)sq]
>>
>>Putting these two statements, can I assume that converting b correctly
into MetaStock code will give
>>me an exact replica of the MFL Linear Regression Slope function?
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