Look. I'm not a mathematician or a statistician. I'm just a software developer with a job to do and most of the documentation I find regarding this project is Greek to me (no offense to the Greeks) so I'm hoping one of you more learned people wouldn't mind taking a few minutes to guide me in the proper direction.
My task is to predict the price of a sale of an item at auction based on historical auction data. I have a List of Sale objects that have a SaleDate and SaleAmount where SaleDate is fairly random (as opposed to being in a more usable pattern such as every weekday or once per week or once per month). Then, I need to show the overall curve/line graphically in a Silverlight/RT/WinPhone UI.
After some research, I thought that using a Weighted Least Squares might be a good fit (currently using non-Weighted Least Squares and it, after 4 years, is no longer doing the job well enough). I found this project and am quite impressed with how thorough it appears to be. I would like to use it, if possible. But I don't know where to start....
So, would someone be kind enough to point me in the right direction?
My task is to predict the price of a sale of an item at auction based on historical auction data. I have a List of Sale objects that have a SaleDate and SaleAmount where SaleDate is fairly random (as opposed to being in a more usable pattern such as every weekday or once per week or once per month). Then, I need to show the overall curve/line graphically in a Silverlight/RT/WinPhone UI.
After some research, I thought that using a Weighted Least Squares might be a good fit (currently using non-Weighted Least Squares and it, after 4 years, is no longer doing the job well enough). I found this project and am quite impressed with how thorough it appears to be. I would like to use it, if possible. But I don't know where to start....
So, would someone be kind enough to point me in the right direction?