Answers are grounded in this paper and cite their sources.
A recursive procedure for discounted multiple linear regression is described, together with a discounted estimator for the residual variance. The method is simple to program and involves no matrix inversion. Two examples are given.
No takes yet. Share an insight, caveat, or question.
Harrison et al. (1984) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: