We expect a “good” value of c2 to be about the number of data points, or,
better yet, the number of degrees of freedom (dof) = data points –
parameters in the theory. Reduced c2 has the #dof divided out,
so we expect a reasonable value to be about 1.
The procedure
of fitting data to a theory is to minimize c2 with respect to the parameter in the theory.
When the
theory has only a linear dependence on its parameters, then the
minimum in c2 can be
determined analytically. This is why it’s very nice to put data into a form where it
can be described by a theory that depends linearly on its parameters.
e.g., any
polynomial function such as yth = A + Bx + Cx2 + …
is linear in
the parameters (A,B,C,…). So let’s minimize c2 for a simple
polynomial: a straight line theory.