28.01.2015 Views

Statistics and Hypothesis Testing

Statistics and Hypothesis Testing

Statistics and Hypothesis Testing

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Y is the least squares estimator of µ Y<br />

It turns out that Y , the sample mean, is the best guess (the guess<br />

that makes the sum of squared gaps as small as possible).<br />

Choosing m = Y makes the following expression as small as<br />

possible.<br />

n∑<br />

(Y i − m) 2<br />

i=1<br />

We will use this method (keeping the sum of squared gaps as low<br />

as possible) for defining the best guess again soon.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!