answersLogoWhite

0


Best Answer

What is the difference between a trend line and a line of best fit

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the difference between a trend line and a line of best fit and how are they useful in analyzing data?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the difference between a pattern and a trend?

A trend is a certain direction which something is changing. A pattern is where a repeat of a series or trend is seen over and over.


The difference between a trend analysis and a comparative analysis?

Difference between e-resuming system of bdjobs and phrotom alo.com


What is the difference between a trend and a fad?

A fad is a temporary fashion, something short lived. A trend is a general course leading to a more permanent solution


What is the difference between analysis and interpretation in qualitative research?

Analysis is the information we decipher after collecting data means what is the routine or trend. Interpretation is why this trend is there, the reason behind a prevailing practice.


What are the similarities and differences between social trend and environmental trend?

i need answer


PMP Interview Question For Intermediate?

How do you represents an ideal project? Distinguish the difference between trend and variance analysis? what will you do to keep your team motivated?


Does Trend antivirus offer parental controls?

The Trend Anti-virus does offer parental controls. It is useful when you are wanting to block inappropriate material from other members in your household.


What is the difference between a trend line and a line of best fit?

A trend line is graphed from a linear, exponential, logarithmic or other equation, and trys to fit the sorted data that you have. But it may or may not be correlated. The line of best fit is the trend line that best fits your data, having a high correlation. R closer to 1.


How does the ADX indicator work?

The ADX indicator measures the strength of a trend and can be useful to determine if a trend is strong or weak. High readings indicate a strong strength and vice versa.


What is the difference between trend analysis and financial ratio analysis?

Trend analysis usually measures monetary changes that fall into a certain period of time line-by-line in finances. Ratio analysis uses math to figure out percentages or indicators from ratios in finances.


What is difference between traditional teaching and communicative teaching?

=well its all about the trend girl traditional teaching is when you copevac the tranmids and communicative is very lets say frackvillieish.=


What is the meaning of graphing a number?

There is not much meaning in graphing a single number.Graphs are most useful in showing the relationship between many numbers or a trend of things that have occurred so as to extrapolate to another time, and so on.