The RegressLadMad01.lng Model

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Linear error regression. (RegressLadMad.lng)
Given a set of observations, 
fit a prediction formula to the observations that minimizes
a weighted combination of the average absolute error and
the maximum absolute error; 

Keywords:

Forecasting | Regression | Statistics | Robust Regression | LINGO | MAD | Absolute deviation | L1 regression | LAD | Linfinity regression | Prediction |