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Least Squares Approximation

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Multiple Choice

What is the primary objective of Least Squares Approximation?

  1. To find the line or curve that best represents a given set of data points.
  2. To minimize the sum of the squares of the errors between the data points and the fitted line or curve.
  3. To determine the correlation coefficient between two variables.
  4. To calculate the slope and intercept of a linear regression line.
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