|
|
|
|
|
by spott
950 days ago
|
|
Interesting article... though to be honest, I'm not sure I buy the premise. In the article, he states: "Let's call the matrix of all (xi 1) `X` and let's call the vector of all yi `Y`", and then states that the units of `X` are (m 1). But if you instead say the units of `X` are just m, the "1" is in units "m", then the problem goes away, the whole matrix has the same units ("m"), and everything works fine. I'll be honest in that I've never thought of a matrix having multiple units per column... and I can't think of any example where you aren't just putting the units in the wrong place. Let me know if you have a concrete example that might work. |
|
Also most of economics consists of linear systems with non homogeneous units. The first entry could be bushels of wheat, the next demand for steel, etc.