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Table 1

Least squares polynomial fitting/trend surface: Pros and cons.

Least squares polynomial fitting

Pros Simple and intuitive
Fast to compute

Cons Usually only able to capture broad features (underfitting)
Increasing the order of polynomials does not improve and generally degrades accuracy (overfitting)
High-order polynomials generate numerical issues (rounding errors, overflow, etc.)
High sensitivity to outliers and fitting errors
Local changes propagate to the whole polynomial surface
No estimation of interpolation errors (deterministic)

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