least squares model
[list skwɛrz ˈmɑdəl]
nounpl: least squares models
modelo de mínimos quadrados
1. A statistical method for fitting a curve or line to data by minimizing the sum of the squares of the residuals (differences between observed and predicted values)
The researcher used a least squares model to predict house prices based on square footage and location.
O pesquisador usou um modelo de mínimos quadrados para prever preços de casas com base na metragem quadrada e localização.
2. A regression analysis technique that finds the best-fitting line or function through a set of data points by minimizing squared errors
The least squares model provided the most accurate fit for the experimental data.
O modelo de mínimos quadrados forneceu o ajuste mais preciso para os dados experimentais.
This is a fundamental statistical method taught in universities and widely used in engineering, economics, and scientific research in both Brazil and the USA. It is particularly important in quantitative social sciences and econometrics. The term is highly technical and is primarily used in academic and professional contexts.
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