Regression Line

A regression line is a straight line that describes how the response variable changes in relation to the explanatory variable. Commonly used with a scatterplot.

The least-squares regression equation is:

Where:

You can calculate using the correlation coefficient () and the following equation:

then you can find using:

Above two formulas are from dummies.

Regression Standard Error

The regression standard error () for sample data points is given by the following:

Where: