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Chapter 4: Q. 9 (page 192)

9. Based on the least-squares criterion, the line that best fits a set of data points is the one with the ________possible sum of squared errors.

Short Answer

Expert verified

Based on the least-squares criterion, the line that best fits a set of data points is the one with the smallest possible sum of squared errors.

Step by step solution

01

Concept Introduction

Least-squares criterion:

The line that best fits a set of data points with the minimum sum of squared error is known as the least-squares criteria.

02

Explanation

If the sum of squared errors is the smallest feasible, the line is the best fit for a collection of data.

As a result, the line that best fits a set of data points is the one with the smallest possible sum of squared errors, according to the least-squares criterion.

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