π¬ππ ππ οΏ½οΏ½πΆοΏ½οΏ½οΏ½οΏ½: οΏ½οΏ½ = ππ + b
where a is the gradient and b is the y-intercept
gradient, a β the rate of increase of the response variable in relation to explanatory variable
y-intercept, b β the value of the response variable when explanatory variable is 0
Drawing Regression Line:
1. Use equation of LOBF to calculate coordinates of two points.
2. Plot these points on the scatter graph.
3. Join them up with a straight line (extend you line a little if you need to)
Finding Equation of LOBF/Regression Line:
Select 2 points on the graph β pick 2 points on the corners of the square for more accurate readings. Call these 2 points (π₯1, π¦1 ) and(π₯2, π¦2 )
Calculate the gradient, a. --> π = ππ β ππ ππ β ππ
. Find the y-intercept, b. You could do this by:
a.Read the point of the graph by extending the LOBF.
b. Use the formula π = π¦1 β ππ₯1 using one of the 2 points you used for the gradient
Write the equation in the form π = ππ + π with the correct values for a and b