![]() It provides insights into business trends and forecasts. It helps to analyze finance and economics graphs and charts. Use it with INTERCEPT for more accurate analysis. Positive values indicate an upward trend, negative a downward trend. It returns the slope of the line as output. This function uses two arrays: one for Y (dependent variable) and one for X (independent variable). Type X values in brackets, press Enter.Type =SLOPE( and select the range of Y values, then add a comma.It’s common in linear regressions, trends, and forecasts. It finds the slope or rate of change of a line between two points. ![]() SLOPE formula is a mathematical function used in Excel. Learn how to use the SLOPE Excel formula to gain better insight and analysis. Struggling with the SLOPE function in Excel? You’re not alone! This guide is here to help clarify the details of this mathematical formula, aiding you in interpreting the results it produces. We can also use the SLOPE formula to determine the best fit line of a data trend and make more informed decisions based on the data analysis. Interpreting the SLOPE results allows us to understand the correlation between the given data points and enables us to predict future values with greater accuracy.It can be used along with other statistical functions like CORREL to get a better understanding of the data trend. The SLOPE formula is easy to use in Excel and involves entering the formula syntax in the formula bar to obtain the desired output.It is a useful tool for analyzing trends and making predictions based on existing data. SLOPE formula is a statistical function that determines the slope of the line that best fits the given data in Excel.
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