The value β is the slope of the regression line, also referred to as the regression coefficient, which is the expected change (either increase or decrease) in y every time x increases by 1 unit.

What Are Some Ways Linear Regression Can Be Applied in Business Settings?. ... After creating the trend line, the company could use the slope of the line to forecast sales in future months.

Learn how to graph linear regression in Excel. Use these steps to analyze the linear relationship between an independent and a dependent variable.

Simple Linear Regression ... You can estimate , the intercept, and , the slope, in for the observations i = 1,2, ... ,n. Fitting this model with the REG procedure requires only the following MODEL ...