## Least Squares Statistics

Scope Note:

Statistics that are designed to provide estimates that minimize the probability of large errors by minimizing the sum of squared errors (the "least squares method" fits a curve to a given set of data such that the sum of the squares of the distances from each point of the data to the fitted curve is a minimum)

Category: Measurement

Broader Terms Statistical AnalysisStatistics Narrower Terms N/A | Related Terms CorrelationError of Measurement Factor Analysis Predictive Measurement Probability Regression (Statistics) Statistical Significance |

Added to ERIC: 10/29/1980