Wager Mage
Photo: cottonbro studio
How does someone calculate the trend line for a graph? A trend line indicates a linear relationship. The equation for a linear relationship is y = mx + b, where x is the independent variable, y is the dependent variable, m is the slope of the line, and b is the y-intercept.
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Read More »Day Temperature (F) 1 67 2 64 3 64 4 62 5 61 6 59 7 57 When calculating the line of best fit, the goal is to find the line for which the distance of each individual point from the line is the least. The formula is easiest to use in a step-by-step method, with the help of a table. To use the trend line formula, follow the steps: First, find the average of the x values, or {eq}overline{ m x} = frac{1 + 2 + . . .}{7} = 4 {/eq}, and the average of the y values, or {eq}overline{ m y} = frac{66 + 64 + . . .}{7} = 62 {/eq}. Next, find the distance between each x value and the average of the x values, and the distance between each y value and the average of the y values. For this table, the average of x is shown as X, and the average of y is shown as Y. x - X y - Y 1-4=-3 67-62=5 2-4=-2 64-62=2 3-4=-1 64-62=2 4-4=0 62-62=0 5-4=1 61-62=-1 6-4=2 59-62=-3 7-4=3 57-62=-5 Then, fill in the next two columns of the chart, multiplying (x - X) by (y - Y), and multiplying (x - X) by itself. x - X y - Y (x - X)(y - Y) (x - X)(x - X) 4-1=3 67-62=5 3x5=15 3x3=9 4-2=2 64-62=2 2x2=4 2x2=4 4-3=3 64-62=2 3x2=6 3x3=9 4-4=0 62-62=0 0x0=0 0x0=0 4-5=-1 61-62=-1 -1x-1=1 -1x-1=1 4-6=-2 59-62=-3 -2x-3=6 -2x-2=4 4-7=-3 57-62=-5 -3x-5=15 -3x-3=9
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