This implies that we are trying to reduce the difference between the observed response and the response that is predicted by the regression line. The main purpose of the least-squares method is to reduce the sum of the squares of the errors. Such a line is known as the regression line. We use the least-squares method to determine the equation of the best-fitted line for the given data points. How Does Linear Regression Calculator Work? Step 4: Click on the "Reset" button to clear the fields and enter new values.
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