In Computer Vision Algorithms and Applications book by Richard Szeliski, the author explains 2D alignment using least squares as follows:
Given a set of matched feature points ${(x_i, x_i')}$ and a planar parametric transformation of the form $$x' = f(x;p),$$ how can we produce the best estimate of the motion parameters $p$? The usual way to do this is to use least squares, i.e., to minimize the sum of squared residuals $$E_{LS} = \sum{\lVert{r_i}\rVert^2} = \sum{\lVert{f(x_i,p)-x'}\rVert^2},$$ where $r_i$ is the residual between the measured location $x_i'$ and its corresponding current predicted location $f(x_i; p)$.
Many of the motion models presented in Section 2.1.2 and Table 2.1, i.e., translation, similarity, and affine, have a linear relationship between the amount of motion $\Delta{x} = x'-x$ and the unknown parameters $p$, $$\Delta{x}=x'-x=J(x)p$$ where $J=\partial{f}/\partial{p}$ is the Jacobian of the transformation $f$ with respect to the motion parameters $p$ (see Table 6.1). In this case, a simple linear regression (linear least squares problem) can be formulated as $$E_{LSS} = \sum{\lVert{J(x_i)p - \Delta{x_i}}\rVert^2}$$
Question: In the last equation, what is the point of trying to minimize the difference between $J(x_i)p$ and $\Delta{x_i}$? What is a higher-level interpretation?