• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint
Share this Page URL
Help

Chapter 15. Using Regression to Track Tr... > Analyzing Trends Using Best-Fit Line...

Analyzing Trends Using Best-Fit Lines

You make these sorts of determinations by examining the trend underlying the current data you have for the dependent variable. In linear regression, you analyze the current trend by calculating the line of best-fit, or the trendline. This is a line through the data points for which the differences between the points above and below the line cancel each other out (more or less).


PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint