Altair® Panopticon

 

Slope

The slope of the least-squares line.

The formula:

Slope = [n∑(xy) - ∑(x)∑(y)]/[n∑(x²) - ∑(x)²]

Sample 1

Given the set of X and Y values where X and Y can represent any correlated values below:

V

W

1

2

2

4

3

6

4

8

5

10

6

12

7

14

8

16

9

18

10

20

Sample table

Steps:

1.     Solve the parts of the formula:

Slope = ∑(xy) - ∑(x)∑(y)]/[n∑(x²) - ∑(x)²

n =count of items, equal to 10

∑(xy) = multiply all x and y items and get the sum = 770

1x2 + 2x4 + 3x6 + 4x8 + 5x10 + 6x12 + 7x14 + 8x16 + 9x18 + 10x20 = 770

∑(x) = sum of x items = 55

∑(y) = sum of y items = 110

∑(x²) = get the square of all x items and sum up the values. To square a number also means to multiply the number by itself.

1x1 + 2x2 + 3x3 + 4x4 + 5x5 + 6x6 + 7x7 + 8x8 + 9x9 + 10x10 = 385

∑(x)² = get the sum of all items in x and get the square = 55 * 55 or 3025

2.     Substitute the known values in the formula and computed for the Slope:

Slope = [n∑(xy) - ∑(x)∑(y)]/[n∑(x²) - ∑(x)²]

Slope = [10(770) – 55(110)]/[10(385) – 3025]

Slope = [7700 – 6050]/3850-3025]

Slope = 1650/825

Slope = 2