Statistical Prediction
A b-spline, or basis spline, is a piecewise-defined polynomial function that is used to create smooth curves and surfaces in various applications, including computer graphics and statistical modeling. B-splines are defined by a set of control points and a degree, allowing for greater flexibility and control over the shape of the curve compared to traditional polynomial splines. They are particularly valuable in statistical prediction because they can efficiently represent complex relationships without overfitting.
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