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How do you find equation of trend line? - Answers
To find the equation of a trend line, you typically use a method called least squares regression. First, collect your data points and plot them on a scatter plot. Then, apply the least squares formula to calculate the slope and y-intercept of the line that best fits the data. The resulting equation is usually expressed in the form (y = mx + b), where (m) is the slope and (b) is the y-intercept.
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How do you find equation of trend line? - Answers
To find the equation of a trend line, you typically use a method called least squares regression. First, collect your data points and plot them on a scatter plot. Then, apply the least squares formula to calculate the slope and y-intercept of the line that best fits the data. The resulting equation is usually expressed in the form (y = mx + b), where (m) is the slope and (b) is the y-intercept.
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How do you find equation of trend line? - Answers
To find the equation of a trend line, you typically use a method called least squares regression. First, collect your data points and plot them on a scatter plot. Then, apply the least squares formula to calculate the slope and y-intercept of the line that best fits the data. The resulting equation is usually expressed in the form (y = mx + b), where (m) is the slope and (b) is the y-intercept.
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