What is the relationship between best fit lines in statistic
What is the relationship between best fit lines in statistics and the notion of projection in linear algebra?
please type the answer in two to three sentences!
Solution
The best fit line is a common but simple tool for showing how two variables may be related. A more precise way to see relationships is using the least squares method,here we use matrix notation(linear algebra)to find vectors that have a minimum euclidean form, such vectors are projections of sets of data(such vectors are subspaces of projections).
