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Estimation of model parameters is an essential part in regression analysis. We do that by using the Ordinary Least Squares method
Coefficient of determination - Wikipedia
Panel (a) compares our model with the linear best fit. Blue dots
When and how can a line of best fit be used to model a set of data
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Least Square Method - Formula, Definition, Examples
Constructing a best fit line
Constructing a best fit line
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