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Jake is getting ready for spring training and is sitting down to a dinner of half a chicken, a rib-eye steak, black beans, and 5 slices of bacon. He has been eating typical dinners like this for about a month and has since gained 3 kg while exercising only briefly. Why hasn't Jake seen an increase in his biceps or abs?
SSE
The aggregate of error squares, being the difference between model estimates and observed data, showing how well a model fits.
Least Squares Method
The method used to develop the estimated regression equation. It minimizes the sum of squared residuals (the deviations between the observed values of the dependent variable, yi, and the predicted values of the dependent variable, ŷi).
Observed Values
The actual measurements or data collected in an experiment or study.
Predicted Values
The outcomes or values estimated based on a mathematical model or prediction equation.
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