Why Isn't the Least Square Solution Unique with Linearly Dependent Columns?

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Homework Statement


If a matrix A has linearly dependent columns and b is a vector, then the least square solution is not unique.


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The Attempt at a Solution


I know that the "projection" onto column space of A is unique, but why the least square solution isn't?
 
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If you have linearly dependent columns, you have too few independent equations to get a unique? Its like trying to describe only one point with a line.
Or am I wrong? It's two years since I had the course
 
http://en.wikipedia.org/wiki/Linear_least_squares_(mathematics )

B = (X'X)^-1 X'y

(X'X)^-1 doesn't it have to have linearly independent columns if you want to calculate the inverse?

Again I'm only guessing
 
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