Implement a polynomial regression error calculator to evaluate the goodness of fit for a given polynomial model. The task involves computing the mean squared error between observed data points and predicted values based on the polynomial coefficients.
The concept of polynomial regression is a form of least squares optimization, where a polynomial function of degree n is fitted to a set of data points (xi,yi). The polynomial function can be represented as p(x)=a0+a1x+a2x2+⋯+anxn, where ai are the coefficients of the polynomial. The goal is to find the best fit polynomial that minimizes the difference between observed and predicted values.
To compute the error, follow these steps:
This technique is widely used in data analysis and machine learning for model evaluation and optimization.
poly_mse([0, 1], [(0,0), (1,1), (2,2)])
0.0
[0, 1] define the polynomial p(x)=0+1x=x.