George Schils Business Blog - BZ Bread

Business, Finance, Economics - Applications for Math and Statistics

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This blog is part of Barry Zillman's Bread Rolls or BZ Bread for short.

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Entries tagged "least squares".

CPI Estimate from 1913 to 2007
30th January 2009

What is the "average" CPI? An analysis of government CPI data from the years 1913 to 2007 produces an "average" yearly percentage cpi increase of 3.34%. This is based on a least squares (exponential) fit to the yearly government CPI data over this time span.

Tags: cpi, least squares.

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