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Local Regression
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Summary
Local regression
, also known as LOESS or LOWESS, is a
non-parametric regression method
that fits
simple models
to
localized subsets of the data
to
build a curve
that captures the
underlying trend
. It is particularly useful for
smoothing scatterplots
and
modeling complex relationships
without assuming a
specific global functional form
.
Relevant Degrees
Probability and Statistics 100%
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