Regression Slope Formula:
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The regression slope measures the steepness and direction of the relationship between two variables in a linear regression model. It represents the change in the dependent variable (y) for each unit change in the independent variable (x).
The calculator uses the least squares regression formula:
Where:
Explanation: The formula calculates the best-fit line through the points by minimizing the sum of squared residuals.
Details: The slope is fundamental in statistics and data analysis, indicating the strength and direction of linear relationships between variables.
Tips: Enter 5 points as x,y coordinates (e.g., "1,2"). The calculator will determine the slope of the best-fit line through these points.
Q1: What does the slope value mean?
A: A positive slope indicates a positive relationship (y increases as x increases), negative shows inverse relationship, and zero means no linear relationship.
Q2: How accurate is the slope with 5 points?
A: Five points provide a reasonable estimate, though more points generally increase accuracy and confidence in the result.
Q3: What if my points aren't linear?
A: The calculator will still find the best linear fit, but consider other regression types if the relationship is clearly non-linear.
Q4: Can I use this for time series data?
A: Yes, if you're examining linear trends over time (with time as x-axis).
Q5: What's the range of possible slope values?
A: Theoretically from -∞ to +∞, with practical limits depending on your data scale.