8. Trend line is a line by hand
with the aid of a ruler.
Conditions of a good trend line:
1. If it approximates the general
directions of the points.
2. If it passes through the points.
10. The Least Square
Regression Line (LSRL)
the best fitting trend line
is used to have a common
estimate by everyone
11. The Least Square
Regression Line (LSRL)
FORMULA:
Y = dependent variable
X = independent variable
a = point on vertical axis through which
the line passes
b = slope of the line