What is statistics?
Statistics is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data. In applying statistics to a scientific, industrial, or social problem, it is conventional to begin with a statistical population or a statistical model to be studied.
How to Calculate Simple linear regression line?
Simple linear regression line calculator uses Simple linear regression line = Constant B+Regression Coefficient*Independent Variable to calculate the Simple linear regression line, The Simple linear regression line formula is defined by the formula y = B0 + B1 * x
where, B0 is the constant
B1 is the regression constant and
x is the independent variable. Simple linear regression line is denoted by y symbol.
How to calculate Simple linear regression line using this online calculator? To use this online calculator for Simple linear regression line, enter Constant B (B), Regression Coefficient (B1) & Independent Variable (x) and hit the calculate button. Here is how the Simple linear regression line calculation can be explained with given input values -> 21.7 = 1.7+5*4.