The leastsquares propertyofthemeanstatesthatthedatafallcloserto y than toany other number c, inthesensethat i (yi y)2

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The leastsquares propertyofthemeanstatesthatthedatafallcloserto ¯y than toany other number

c, inthesensethat

(yi − ¯y)2 <Σ

(yi − c)2.

Provethispropertybytreating f

(c) = Σi(yi − c)2 as afunctionof c and derivingthe valueof c that minimizesit.

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Foundations Of Statistics For Data Scientists With R And Python

ISBN: 9780367748456

1st Edition

Authors: Alan Agresti

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Question Posted: Sep 14, 2024 08:02 AM

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The leastsquares propertyofthemeanstatesthatthedatafallcloserto y than toany other number c, inthesensethat i (yi y)2

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Foundations Of Statistics For Data Scientists With R And Python

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