Mean is the sum of several values of the same type (x1, x2,..., xN ) divided by the number of values.
Mean = (x1 + x2 + ... xN ) /N
The Least square method is used when doing a regression of a cloud of point { (x1,y1), (x2,y2) etc. } by a function (linear, parabolic hyperbolic etc.). With this special algorithm we get the closest function f (x) to approximated the cloud of point.
f(x, Beta) ~ y
Beta = (XTX)-1XT Y = coefficients of the regression
The points must be in 2 dimensions, because the methods needs to derivate the function f.
I think that the least square mean is not the proper term because you have a function f ... What is the mean of f (x) = a *x + b ??? See.
Chat with our AI personalities
Sampling bias.
Zero
a mean is the average the medium is the number in the midle of the ordered numbers
The acronym OLS as pertaining to the field of statistics stands for Ordinary Least Squares, the standard linear regression procedure. This is the standard approach to overdetermined systems.
Random error.