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Answer: It is minimising

For minimizing, the error is calculated by finding the sum of the squared distance between actual and predicted values.

What is the error?

The difference between the measured and analysis of the financial statements might well be defined as an error. For instance, if the two operators use the same complete and precise tool.

We have:

For ____________, the error is calculated by finding the sum of the squared distance between actual and predicted values

The correct answer is minimizing because according to the information provided in the problem. The sum of squared distance between actual and anticipated values is calculated to "minimize" the mistake.

This is one of the most significant aspects of statistics, and it involves mathematical computations involving error calculations for various values.

Thus, for minimizing, the error is calculated by finding the sum of the squared distance between actual and predicted values.

Learn more about the error here:

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