WEBMar 16, 2023 · The LINEST function calculates the statistics for a straight line that explains the relationship between the independent variable and one or more dependent variables, and returns an array describing the line. The function uses the least squares method to find the best fit for your data.
WEBThe LINEST function calculates the statistics for a line by using the "least squares" method to calculate a straight line that best fits your data, and then returns an array that describes the line. You can also combine LINEST with other functions to calculate the statistics for other types of models that are linear in the unknown parameters ...
WEBSummary. The Excel LINEST function returns statistics for a best fit straight line through supplied x and y values. The values returned by LINEST include slope, intercept, standard error values, and more. To find the best fit of a line to the data, LINEST uses the "least squares" method.
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LINEST Function Excel - Linear Regression Statistics
WEBNov 9, 2023 · The LINEST function in Excel is a function used to generate regression statistics for a linear regression model. LINEST is an array formula and can be used alone, or with other functions to calculate specific statistics about the model. Linear regression is a method in statistics used for predicting data following a straight line using known data.
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MS Excel: How to use the LINEST Function (WS) - TechOnTheNet
WEBThe Microsoft Excel LINEST function uses the least squares method to calculate the statistics for a straight line and returns an array describing that line. The LINEST function is a built-in function in Excel that is categorized as a Statistical Function. It can be used as a worksheet function (WS) in Excel.