I don't have good knowledge on mathematics, but now I faced one problem with maths. That is, I have a data set which contains only one independent and one dependent variable. Now I have a equation which has 3 unknown parameters.
Here I have two questions:
- If I have only one independent variable, how to find 3 unknown parameters.
- If I have more than one independent variables, How can I find corresponding parameters?
http://www.stat.colostate.edu/regression_book/chapter9.pdf
In this link, I am struggling at equation no: 9.2.3
Here unknown parameters are $\beta_1$, $\beta_2$ and $\beta_3$.
Please help me to find out these three unknown parameters in single variable as well as multiple variable.
Thanks in advance.
For the first question, the model is $$y=\frac{1}{a+b~x^c}$$ which is nonlinear with respect to all parameters. I suppose that you have $n$ data points$(x_i,y_i)$ based on which you want to adjust parameters $a,b,c$ and, as usual, the problem with nonlinear regression is to start with reasonable values.
For the time, generate values $z_i=\frac 1 {y_i}$ which now makes the model $$z={a+b~x^c}$$ which is more pleasant. Suppose that $c$ is fixed; so, a linear regression $z=a+b~t$ (with $t_i=x_i^c$) gives immediately parameters $a$ and $b$ as well as the corresponding sum of squares $SSQ$. So, the sum of squares is just a function of $c$ and you can graphically search for an approximate minimum of it. So try a few discrete values of $c$ and try to locate approximately the minimum. For this value of $c$, you also have the corresponding $a,b$.
Now you are ready for starting the nonlinear regression for the original model.