Least Square Regression Line Calculator

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Least Squares Regression Line Calculator

Enter your paired data points (x, y) to find the best-fit line.

Results

Slope (m):

Y-intercept (b):

Regression Equation: y = -x + –

R-squared Value:

Understanding Least Squares Regression

Linear regression is a fundamental statistical technique used to model the relationship between a dependent variable (y) and one or more independent variables (x). The Least Squares Regression Line is the line that best fits a set of data points by minimizing the sum of the squares of the vertical distances (residuals) between the observed data points and the line itself.

The equation of a straight line is typically represented as y = mx + b, where:

  • y is the dependent variable.
  • x is the independent variable.
  • m is the slope of the line, indicating how much y changes for a one-unit increase in x.
  • b is the y-intercept, the value of y when x is 0.

The Math Behind It

For a simple linear regression with paired data points (x₁, y₁), (x₂, y₂), …, (xn, yn), the formulas for calculating the slope (m) and y-intercept (b) using the least squares method are derived as follows:

First, we need some preliminary sums:

  • Σx: Sum of all x values
  • Σy: Sum of all y values
  • Σxy: Sum of the product of each corresponding x and y pair
  • Σx²: Sum of the squares of all x values
  • n: The number of data points

The formulas are:
Slope (m):
m = (n * Σxy - Σx * Σy) / (n * Σx² - (Σx)²)

Y-intercept (b):
b = (Σy - m * Σx) / n

Alternatively, b = ȳ - m * x̄, where ȳ is the mean of y values and is the mean of x values.

The R-squared value (Coefficient of Determination) measures how well the regression line approximates the real data points. An R-squared value of 1 indicates that the regression line perfectly fits the data.
R² = [ (n * Σxy - Σx * Σy)² ] / [ (n * Σx² - (Σx)²) * (n * Σy² - (Σy)²) ]

Use Cases

Least squares regression is widely used in various fields:

  • Economics: Forecasting demand, analyzing the relationship between price and sales.
  • Finance: Predicting stock prices, analyzing asset returns.
  • Science: Modeling experimental data, understanding relationships between variables (e.g., temperature vs. reaction rate).
  • Social Sciences: Analyzing trends in population growth, understanding factors influencing social behavior.
  • Engineering: Optimizing processes, predicting material performance.

By understanding the linear relationship and its strength, professionals can make more informed decisions and predictions.

function calculateRegressionLine() { var xValuesInput = document.getElementById("xValues").value; var yValuesInput = document.getElementById("yValues").value; var errorMsg = document.getElementById("errorMsg"); errorMsg.style.display = 'none'; // Hide previous error messages // Clear previous results document.getElementById("slopeValue").textContent = "-"; document.getElementById("interceptValue").textContent = "-"; document.getElementById("equationValue").textContent = "y = -x + -"; document.getElementById("rSquaredValue").textContent = "-"; // Parse input values var xValues = xValuesInput.split(',').map(function(val) { return parseFloat(val.trim()); }); var yValues = yValuesInput.split(',').map(function(val) { return parseFloat(val.trim()); }); // Validate input data if (xValues.length !== yValues.length) { errorMsg.textContent = "Error: The number of X values must match the number of Y values."; errorMsg.style.display = 'block'; return; } var n = xValues.length; if (n < 2) { errorMsg.textContent = "Error: At least two data points are required."; errorMsg.style.display = 'block'; return; } var sumX = 0; var sumY = 0; var sumXY = 0; var sumX2 = 0; var sumY2 = 0; for (var i = 0; i 0 && denominatorR2_part2 > 0) { rSquared = numeratorR2 / (denominatorR2_part1 * denominatorR2_part2); } else if (numeratorR2 === 0 && denominatorR2_part1 * denominatorR2_part2 === 0) { // Perfect fit for a horizontal line with all y-values the same rSquared = 1; } // Display results document.getElementById("slopeValue").textContent = m.toFixed(4); document.getElementById("interceptValue").textContent = b.toFixed(4); document.getElementById("equationValue").textContent = "y = " + m.toFixed(4) + "x + " + b.toFixed(4); document.getElementById("rSquaredValue").textContent = rSquared.toFixed(4); }

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