Accountancy, asked by durgaprasad0928, 1 year ago

Whatever is the Least squre method

Answers

Answered by tejaschopade
1

Explanation:

The method of least squares is a standard approach in regression analysis to approximate the solution of overdetermined systems, i.e., sets of equations in which there are more equations than unknowns. ... The linear least-squares problem occurs in statistical regression analysis; it has a closed-form solution.

The method of least squares is a widely used method of fitting curve for a given data. It is the most popular method used to determine the position of the trend line of a given time series. ... The sum of the square of the deviations of the values of y from their corresponding trend values is the least.

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