ELI5: Explain Like I'm 5

Minimum mean squared error

Ok kiddo, let's talk about minimum mean squared error.

Imagine you have a football and you want to throw it at a target (a toy). But you're not very good at throwing and you keep missing the target.

Now, you have an idea! You can ask a friend to stand closer or farther from the target and tell you how far you're missing by. This way, you can make changes in your throwing technique and see what works best.

And you keep doing this until you can hit the target perfectly every time!

This is similar to what minimum mean squared error is. It's a math concept that helps you find the best way to predict something.

Let's say you want to predict the weather tomorrow. You can look at past weather data and try to find a pattern to help you guess what the weather will be like. But you might not be very accurate at first.

So, you use minimum mean squared error to improve your predictions. This means you keep trying different methods and testing how much error there is in your predictions.

And you keep doing this until you find the method that has the smallest amount of error on average. This is the minimum mean squared error.

Basically, minimum mean squared error is a way to find the most accurate prediction method by testing and comparing the level of error in each method.