This comprehensive technical note explains linear regression. It is indended for students with no prior knowlede of the topic. It is devided into nine sections, which may be assigned separately: 1. The simple linear model, 2. Fitting the model using least squares, 3. Important properties of the...

Teachers of management science or quantitative methods in schools of business probably recognize the above passage as the beginning of a description of one of our discipline's favorite problems?the newsvendor problem. Known by many names....newsboy, Christmas tree, and single-period...