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Find the Formula That Gives the Least Squares Error for the Points

question 113

Multiple Choice

Find the formula that gives the least squares error for the points (-1, 5) , (2, 2) , (5, -1) .


Definitions:

Forecasting

The practice of making predictions based on past and present data and analyzing trends to anticipate future outcomes.

Specific Vision

A clear and precise idea or goal towards which efforts are directed, often guiding decision-making and strategy.

Future

The time or period that comes after the present, characterized by events that have yet to occur or developments that are to be realized.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels, allowing for better management and control of finances under varying circumstances.

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