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Use the 2 highlighted points to find the equation of a trend line in slope intercept form

Use the 2 highlighted points to find the equation of a trend line in slope intercept-example-1

2 Answers

3 votes
use rise over run to find the answer
User Tabatha
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5 votes

Answer:

The slope intercept form of trend line is y=200x-399000.

Explanation:

The slope intercept form of a line is


y=mx+b

Where, m is slope and b is y-intercept.

The coordinates of highlighted points are (2000,1000) and (2012,3400).

If a line passes through two points then the slope of the line is


m=(y_2-y_1)/(x_2-x_1)

The slope of the trend line is


m=(3400-1000)/(2012-2000)


m=(2400)/(12)=200

The slope of the line is 200.

Point slope form of a line is


y-y_1=m(x-x_1)

The slope of the trend line is 200 and it passes through (2000,1000). So, the equation of trend line is


y-1000=200(x-2000)


y-1000=200x-400000

Add 1000 on both the sides.


y-1000+1000=200x-400000+1000


y=200x-399000

The slope of the line is 200 and y-intercept is -399000.

Therefore the slope intercept form of trend line is y=200x-399000.

User Chris Seymour
by
7.9k points