Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/248787 
Authors: 
Year of Publication: 
2021
Series/Report no.: 
Tinbergen Institute Discussion Paper No. TI 2021-105/III
Publisher: 
Tinbergen Institute, Amsterdam and Rotterdam
Abstract: 
Gauss' 1809 discussion of least squares, which can be viewed as the beginning of mathematical statistics, is reviewed. The general consensus seems to be that Gauss' arguments are at fault, but we show that his reasoning is in fact correct, given his self-imposed restrictions, and persuasive without these restrictions.
Subjects: 
Gauss
least squares
maximum likelihood
history
JEL: 
B16
C10
Document Type: 
Working Paper

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