ANOVA and Least Square

ANOVA and Least Square

Introduction

This study is made to reflect the light on the type of least square method i.e regression analysis. Data is collected randomly on two variables that are X and Y. Data collected on variable X is time series data. Regression analysis is done to evaluate the relationship between two variables.

Discussion

Least Square Method

Least Square method is used to find the best fit line to data; the evidence uses simple linear algebra and calculus. This method is mostly used in regression analysis and estimation. This method is a standard approach to the estimated solution of equations which ...