Simple Linear Regression Slope Formula:
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The simple linear regression slope (b) measures the relationship between two variables, indicating how much the dependent variable (y) changes for each unit change in the independent variable (x). It represents the steepness and direction of the linear relationship.
The calculator uses the simple linear regression slope formula:
Where:
Explanation: The formula calculates the covariance between x and y divided by the variance of x, providing the best-fit line slope through the data points.
Details: The regression coefficient is fundamental in statistical analysis, helping to understand relationships between variables, make predictions, and test hypotheses in various fields including economics, biology, and social sciences.
Tips: Enter x and y values as comma-separated numbers. Ensure both lists have the same number of elements. The calculator will compute the means and apply the slope formula automatically.
Q1: What does a positive slope indicate?
A: A positive slope indicates a positive relationship - as x increases, y tends to increase. A negative slope indicates an inverse relationship.
Q2: How is this different from correlation?
A: Correlation measures the strength of relationship, while regression slope measures the rate of change and can be used for prediction.
Q3: What is the range of possible slope values?
A: Slope values can range from negative to positive infinity, depending on the relationship between variables.
Q4: When is the slope undefined?
A: The slope is undefined when all x values are identical (zero variance in x), resulting in division by zero.
Q5: How do I interpret the slope value?
A: The slope value indicates how much y changes for each one-unit increase in x. For example, a slope of 2 means y increases by 2 units for each 1-unit increase in x.