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When given a set of data where the independent variable is time, it is possible to use statistical techniques to find a line (or curve) of best fit. One of the ways to do this is to minimise the square of the the differences between the actual values which are observed and the values that are predicted by such a curve (fitted values). The slope of this line or of the tangent to the curve at any point, is the least squares trend.

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What should you use to find the equation for a line of fit for a scatter plot?

Least squares regression is one of several statistical techniques that could be applied.


How can you find a probability expressed as a percentage from a punnett square?

You can find probability form a Punnett square by turning fractions into percents


How do you find the trend on a line graph?

it is a description of the Slope of the line with respect to the two variables you are plotting. In Statistics, you may be plotting AGE versus Car Mileage and a line drawn through the data is the Trend Line.http://wiki.answers.com/What_does_a_trend_mean_on_a_line_graph#ixzz18qYakrsc


How do you find the range of a bar graph?

Subtract the greatest range by the least and you have your answer.


In a large population, 54 % of the people have been vaccinated. If 5 people are randomly selected, what is the probability that AT LEAST ONE of them has been vaccinated?

We will use Q and P to help solve this problem with Q representing the possibility that none of the randomly selected people are vaccinated and P representing the possibility that at least 1 randomly selected person is vaccinated. Because the sum of all probabilities must equal 1, your beginning equation will be P=1-Q. First you need to figure out how much of the population is NOT vaccinated so you would take 100%-54% to get 46%. With that 46%, you can conclude that any given person has the probability of 0.46 of not being vaccinated. To find the value for Q we will take (0.46)^5. Q=(0.46)^5=0.0206. To find P we go back to the original equation of P=1-Q. P=1-0.0206=0.9794. The probability that at least 1 person has been vaccinated is 0.9794.

Related Questions

How do you find equation of trend line?

To find the equation of a trend line, you typically use a method called least squares regression. First, collect your data points and plot them on a scatter plot. Then, apply the least squares formula to calculate the slope and y-intercept of the line that best fits the data. The resulting equation is usually expressed in the form (y = mx + b), where (m) is the slope and (b) is the y-intercept.


How can you use a scatter plot to find an equation of a trend line?

By finding the line of best fit and using the straight line equation formula.


What is the first step in solving this equation by completing the square?

The first step would be to find the equation that you are trying to solve!


What equation is used to find the volume of a square?

There are none because a square can't be expressed in terms of volume


What is the area in square inches of a square?

Squares can come in different forms, but the equation to find the area is l × w = a.


Find At least three solution to the equation Y=3x+1?

4


How can you find an equation for a trend line?

There are numerous ways to do this. I think the easiest is to put the data in excel and have excel show the trend line, equation, andcorrelation coefficient. Excel gives you several options to choose for the trend line analysis. The other way is if it is a linear relationship, you can do the linear regression analysis following the steps listed in the related link. If you are not familiar with regression analysis, it may not be easy for you to follow.


What is an equation that contains at least one variable?

An equation that contains at least one variable is (2x + 5 = 15). In this equation, (x) is the variable, and the equation states that when you multiply (x) by 2 and add 5, the result equals 15. Solving for (x) will allow you to find its value.


How would someone find the trend micro serial number?

You can find the trend micro serial number by accessing the Trend Micro Program Console, the Find my order website and the Trend Micro Account website.


What equation can be used to find the area in square inches of a circle with a radius of 8 inches?

Area of the circle in square inches = pi*82


What is the equation you would use to find population density?

(Total population)divided by(total square miles)=Population per square mile


How do you find the square number to an answer Ie 2 equals 250?

It is not quite clear where a square number fits into the [false] equation 2 = 250