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s the formula for the mean square error?Review Later

Question

s the formula for the mean square error?Review Later

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Solution

The Mean Square Error (MSE) is a measure of how close a fitted line is to data points. For every data point, you take the distance vertically from the point to the corresponding y value on the curve fit (the error), and square the value. Then you add up all those values for all data points, and, in the case of a fit with two parameters such as a linear fit, divide by the number of points minus two.** The squaring is necessary to remove any negative signs. It also gives more weight to larger differences. It's called the mean square error as you're finding the average of a set of errors.

The formula for the mean square error is:

MSE = 1/n Σ(yi - f(xi))^2

where:

  • n is the number of data points
  • yi is the actual value of a data point
  • f(xi) is the predicted value of the data point
  • Σ denotes the sum of the values

The MSE is a measure of the quality of an estimator—it is always non-negative, and values closer to zero are better.

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