If we minimize Σ( Y - Y' ) ² , we will minimize the total error of prediction.

Name: If we minimize Σ( Y - Y' ) 2 , we will minimize the total error of prediction.
Brand: Quizplus
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Quizplus · Accepted Answer

This is the formula for the least squares method, which is commonly used for linear regression and aims to minimize the sum of squared residuals (the difference between actual and predicted values). Therefore, minimizing Σ( Y - Y' ) ² will indeed minimize the total error of prediction.

If We Minimize Σ( Y - Y' ) 2

If We Minimize Σ( Y - Y' ) ²