What is another word for least squares?
Pronunciation: [lˈiːst skwˈe͡əz] (IPA) 
Least squares is a widely used statistical method to estimate the relationship between two variables. It minimizes the deviation between the observed values and the predicted values. However, there are various other names that refer to this method. For instance, it is known as least-squares regression, ordinary least squares (OLS), linear regression, and regression analysis. These synonyms are used interchangeably in different fields such as finance, economics, engineering, and science. OLS is the most commonly used synonym for least squares, mainly in economics. Linear regression is another synonym suggesting the linear relationship between the variables. Overall, these synonyms help in understanding the complex statistical relation between two variables.
