0
It is a straight or curved lineon a chart that indicates the general pattern or direction of a time series data, so doing things like showing if sales are going up or down in general. They can show what is happening and help predict future trends. Businesses can use them to see what effects changes will make to their future development, like their profits.
What else can I help you with?
What is a treadline in Excel?
A treadline is used to get a linear prediction on charts in Excel.The default trendline is drawn in basic black. If you want to change the appearance of the trendline, right-click the trendline and choose Format Trendline.
How do you add a trendline to a graph in Excel 2003?
With the chart active, on the chart menu, click the Add Trendline option.
Is it possible to draw a trendline on a scatter plot that shows no association?
Yes, it is possible to draw a trendline on a scatter plot that shows no association. In such cases, the trendline may be flat or have a very shallow slope, indicating that there is no significant relationship between the variables. However, the presence of a trendline does not imply a meaningful correlation; it merely represents a statistical fit to the data points, which may be scattered randomly without any discernible pattern.
What do you call the line that smooths out the variations on a graph?
its called a trendline
Should we force the trendline through the origin when analyzing the data?
Forcing the trendline through the origin when analyzing data is a decision that depends on the context of the data and the specific analysis being conducted. In some cases, it may be appropriate to force the trendline through the origin if there is a theoretical reason to believe that the relationship between the variables being analyzed should pass through the origin. However, in other cases, it may be more appropriate to allow the trendline to be freely fitted to the data without forcing it through the origin. Ultimately, the decision to force the trendline through the origin should be based on the specific goals of the analysis and the underlying assumptions about the relationship between the variables.
How do you calculate Beta for a stock?
Using Excel: plot the benchmark returns against the stock returns. add a linear trendline and display the equation Beta is the slope of the trendline. Examine the spreadsheet in the related link for a worked example
Which of these provides relationship between two variables and provides a visual correlation coefficient?
Trendline
What best describes reproduction?
what best describes asexual reproduction
What best describes a phrase?
which phase best describes a thesis
How do you add a best fit line in Excel?
Right click on the series in the graph. On the shortcut menu, click "Add Trendline". You can then choose the style of line you want and the series you want it for. Then click OK.
What best describes poverty syndrome?
Which best describes the "poverty syndrome":
What best describes politics?
Which of these answers best describes Machiavellian politics?
