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Data PointsThis Slope and y-intercept Calculator calculates the best-fitting slope and best-fitting y-intercept for a linear line based on the given data points supplied. So we begin with a few data points. We create a regression line to build the best-fitting line for the various data points. A regression line is a line that tries its best to represent all of the data points as accurately as possible with a straight line. It strives to be the best fit line that represents the various data points. A regression line can be calculated based off of the sample correlation coefficient, which is a measure of the strength and direction of the linear relationship between 2 quantitative variables. If data points are perfectly linear, the sample correlation will either be 1 (for a line with a positive slope) or -1 (for a line with a negative slope). All values in between are not linear (with the exception of a vertical line which has a correlation coefficient of 0). So based off of the sample correlation coefficient, we can determine the calculate the slope and y-intercept of the best-fitting line for these data points. How we determine the slope of the line is complex for a regression line and is not simply rise/run, as the simple formula is. To find the slope of a regression line (or best-fitting line), the formula is, slope, m= ((1/n-1)∑(x-μx) (y-μy)/σxσy)(σy/σx) Or if we take simplify by putting in r for the sample correlation coefficient, the formula is, slope, m= r(σy/σx) So once you have computed the correlation coefficient, then calculating the best fit line is relatively simple. We first calculate the slope through the formula, m= r(σy/σx) Once we have done this, then we can calculate the y-intercept. We do this by multiplying the slope by x. We then subtract this value from y. This is the y-intercept. With the slope and y-intercept calculated, we then can have our regression line. ExampleNow that you know the steps to do, let's actually do an example. So as an example, let's say we have a correlation coefficient of 0.98, x of 7, x of 12, σx of 4.58, and σy of 5. So to find the slope, we use the formula, m= r(σy/σx)= 0.98(5/4.58)= 1.069 We then need to find the y-intercept. We multiply the slope by x, which is 1.069*7=7.489. We then subtract this value from y, which is 12-7.489= 4.511 So our final regression line is, y= 1.069x + 4.511 To use this calculator, a user simply enters in the x and y value pairs. A user can enter anywhere from 3 to 10 (x,y) value pairs. After, the user clicks the 'Calculate' and the expected value will be calculated and automatically displayed. Related Resources Our online expert tutors can answer this problem Get step-by-step solutions from expert tutors as fast as 15-30 minutes. Your first 5 questions are on us! You are being redirected to Course Hero I want to submit the same problem to Course HeroCorrect Answer :) Let's Try Again :( Try to further simplify Number LineGraphHide Plot » Sorry, your browser does not support this applicationExamples
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A Slope intercept is a straight line on the coordinate plane that can be described by the equation y=mx+b, where m is the slope of the line and b is the intercept. ADVERTISEMENT ADVERTISEMENT ADVERTISEMENT FormulaSlope Intercept
Form What is slope intercept form?Slope Intercept Form is also called as gradient, y-intercept form. Slope Intercept Form is used to generate the Equation of a straight line with a slope m and y-intercept c of the line. How to find slope intercept form?Examples: Calculate the equation of the line with
slope of 4 and y-intercept 3. Equation of the Line = 4x -y + 3 References:
AdBlocker Detected! To calculate result you have to disable your ad blocker first. How do you find the slope and ySteps for graphing an equation using the slope and y-intercept:. Find the y-intercept = b of the equation y = mx + b.. Plot the y-intercept. The point will be (0, b).. Find the slope=m of the equation y = mx + b.. Make a single step, using the rise and run from the slope. ... . Connect those two points with your line.. How do you find slopeSlope-Intercept Form Calculator
The general formula for slope-intercept form is y = mx + b, where m represents the slope of the line, and b represents the y-value of the line's y-intercept.
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