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| | *i.e.,The Least Squares method relies on taking partial derivatives with respect to the slope | | *i.e.,The Least Squares method relies on taking partial derivatives with respect to the slope |
| | and intercept which provides a solvable pair of equations called normal equations. | | and intercept which provides a solvable pair of equations called normal equations. |
| − | *Suppose there are <math> n </math> data points<math> {y_{i}, x_{i}}</math>, where i = 1, 2, …, n. | + | *Suppose there are <math> n </math> data points <math> {y_{i}, x_{i}}</math>, where i = 1, 2, …, n. |
| | *To find the equation of the regression line:<math> a=y(bar)-b.x(bar)</math>. | | *To find the equation of the regression line:<math> a=y(bar)-b.x(bar)</math>. |
| | *This equation will give a "best" fit for the data points. | | *This equation will give a "best" fit for the data points. |
| | *The "best" means least-squares method. Here b is the slope. | | *The "best" means least-squares method. Here b is the slope. |
| − | *The slope is calculated by:<math> b=summation(i=1 to n)(x_{i}-x(\bar))(y_{i}-y(\bar))/ summation(i=1 to n)[(x_i-x(bar))]^2. | + | *The slope is calculated by:<math> b=\sum i=1 to n {(x_{i}-\bar(x))(y_{i}-\bar(y))}/ \ sum i=1 to n{(x_{i}-bar(x))}^2. |
| − | *In this formula<math> x(bar)</math> and<math> y(bar)</math> are the sample means AVERAGE of <math> x</math> and <math> y </math>. | + | *In this formula<math> bar(x)</math> and<math> bar(y)</math> are the sample means AVERAGE of <math> x</math> and <math> y </math>. |
| | *In <math>INTERCEPT(y,x)</math> , the arguments can be numbers, names, arrays, or references that contain numbers. | | *In <math>INTERCEPT(y,x)</math> , the arguments can be numbers, names, arrays, or references that contain numbers. |
| | * The arrays values are disregarded when it is contains text, logical values or empty cells. | | * The arrays values are disregarded when it is contains text, logical values or empty cells. |