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How can I predict the number for 2021 by using the line of best fit r=.9925 m=615.769 b= -1.2045×10^6

How can I predict the number for 2021 by using the line of best fit r=.9925 m=615.769 b-example-1

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The formula for the best fitting line is


y=mx+b

Where m si the slope of the regression line and b is the y-intercept

Now at point


x=2021

We shall get


y=615.769*2021-(1.2045*10^6)
y=39969.149

So number for 2021 can be predicted by the equation of the given line.

User Gabrjan
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