Slope K Formula:
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Slope K represents the regression coefficient in linear regression analysis, indicating the rate of change between two variables. It shows how much the dependent variable (y) changes for each unit change in the independent variable (x).
The calculator uses the slope formula:
Where:
Explanation: This formula calculates the best-fit line slope through linear regression, minimizing the sum of squared residuals.
Details: Slope calculation is fundamental in statistics, economics, engineering, and scientific research for understanding relationships between variables, making predictions, and analyzing trends.
Tips: Enter the required summary statistics from your dataset. Ensure n ≥ 2 and all sums are calculated accurately from your data points for reliable results.
Q1: What does a positive slope indicate?
A: A positive slope indicates a direct relationship - as x increases, y also increases.
Q2: What does a negative slope indicate?
A: A negative slope indicates an inverse relationship - as x increases, y decreases.
Q3: When is the slope undefined?
A: The slope is undefined when the denominator is zero, which occurs when all x values are identical (vertical line).
Q4: How is slope different from correlation?
A: Slope measures the rate of change, while correlation measures the strength and direction of the linear relationship.
Q5: What is the range of possible slope values?
A: Slope can be any real number from negative infinity to positive infinity, depending on the relationship between variables.