Estimate the Constant Iteratively
Learn to use the hit-and-miss technique to estimate a constant and refine the model by adjusting other parameters based on the actual output.
Calculate the constant
What should we do to work out that missing constant ? Let’s pick a value at random and give it a go! Let’s try and see what happens.
Here, we have , where kilometers is and is our current guess at . That gives us miles. That’s not bad at all, given that we chose at random. However, we know it’s not exactly right because the answer should be .
We are wrong by ...