<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>This paper points out the possibility of suitable use of Caputo fractional derivative in regression model. Fitting historical data using a regression model seems to be useful in many fields, among other things, for the short-term prediction of further developments in the state variable. Therefore, it is important to fit the historical data as accurately as possible using the given variables. Using Caputo fractional derivative, this accuracy can be increased in the model described in this paper.</p>
</abstract>

This paper points out the possibility of suitable use of Caputo fractional derivative in regression model. Fitting historical data using a regression model seems to be useful in many fields, among other things, for the short-term prediction of further developments in the state variable. Therefore, it is important to fit the historical data as accurately as possible using the given variables. Using Caputo fractional derivative, this accuracy can be increased in the model described in this paper.

Applying fractional calculus to analyze final consumption and gross investment influence on GDP

Department of Mathematical Analysis and Numerical Mathematics Faculty of Mathematics

Physics and Informatics Comenius University in Bratislava

Journal of Applied Mathematics, Statistics and Informatics

This work is licensed under the Creative Commons Attribution 4.0 International License.

This paper points out the possibility of suitable use of Caputo fractional derivative in regression model. Fitting historical data using a regression model...

Applying fractional calculus to analyze final consumption and gross investment influence on GDP

Published Online: Jun 17, 2021

Page range: 65 - 72

DOI: https://doi.org/10.2478/jamsi-2021-0004

Keywords
Caputo derivative, Method of least squares, Regression model

© 2021 A. Badík et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Applying fractional calculus to analyze final consumption and gross investment influence on GDP

Published Online: Jun 17, 2021

Page range: 65 - 72

DOI: https://doi.org/10.2478/jamsi-2021-0004

KeywordsCaputo derivative, Method of least squares, Regression model

© 2021 A. Badík et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
Caputo derivative, Method of least squares, Regression model