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Definition: Trimmed least square
Category: Memobust Glossary
Robust statistical method that attempts to minimise the sum of squared residuals over a subset, k points which yields the lowest sum of squared residuals (k
Source:
Eurostat, "Memobust Glossary" (part of the Memobust Handbook on Methodology of Modern Business Statistics), ESSnet "Memobust", March 2014
Eurostat, "Memobust Glossary" (part of the Memobust Handbook on Methodology of Modern Business Statistics), ESSnet "Memobust", March 2014
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