In: Statistics and Probability
what is linear least-squares approximation. could you show an example
Least squares approximationi a method for estimating the true value of some quantity based on a consideration of errors in observations or measurements.
In this method we minimizes the sum of the squared distances (deviations) from the line to each observation is used to approximate a relationship that is assumed to be linear.
Example
In least square method we minimise as following type
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