Definition:Goodness of Fit/Best
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Definition
Let $S$ be a set of observations.
Let the goodness of fit of a set of model be evaluated by means of a least squares criterion.
The model such that this quantity is minimised, the goodness of fit is said to be the best fit.
Also see
- Results about goodness of fit can be found here.
Sources
- 2008: David Nelson: The Penguin Dictionary of Mathematics (4th ed.) ... (previous) ... (next): goodness of fit