Trend-Line Analysis
In a trend-line analysis, you are performing a linear regression calculation on data that is collected at regular, sequential intervals. Each new x value is one greater than the previous x value. The calculator automatically increments the initial value of x so that you do not have to enter subsequent x values.
Entering the Data
To enter data for a trend-line analysis:- Enter the first data values as described in "Entering and Removing 2-Variable Data"; enter x and press [ x~t ], then enter y and press [ ∑+ ].
- Enter only the y value for the remaining data values. The calculator automatically enters the corresponding x value.
Note:
If any of the remaining data values are not sequential, be sure to reenter the new x value.A trend line applies only to single occurrence data, so the { FRQ } key is not part of trend line data entry.
Removing Data
To remove a data pair just after it is entered, press [ INV ][ ∑+ ]. The calculator removes the last x and y values and automatically decrements the contents of the t-register in preparation for the next entry.To remove an entry at a later time, use the procedure described in "Entering and Removing 2-Variable Data".
Example
A company has the following annual profits:Year(x) | Profit in Millions(y) |
---|---|
1971 | -2.1 |
1972 | -0.3 |
1973 | 0.8 |
1974-1980 | inactive |
1981 | 2.9 |
1982 | 2.8 |
1983 | 3.6 |
1984 | 4.0 |
1985 | 4.7 |
Use the data from the above table to perform a trend-line analysis. How much profit can the company expect to make in 1986, and when will it break the $6 million mark?
Procedure | Press | Display |
---|---|---|
Clear display | [ CLEAR ] | |
Clear registers and select 2-variable | [ STAT ] { CLR } { CS2 } | |
Initial value of x (1971) | 1971 [ x~t ] 2.1 [ +/- ] [ ∑+ ] | |
1972 profit | .3 [ +/- ] [ ∑+ ] | |
1973 profit | .8 [ ∑+ ] | |
Skip to 1981 | 1981 [ x~t ] 2.9 [ ∑+ ] | |
1982 profit | 2.8 [ ∑+ ] | |
Incorrect 1983 profit | 3.4 [ ∑+ ] | |
Remove last entry | [ INV ] [ ∑+ ] | |
1983 profit | 3.6 [ ∑+ ] | |
1984 profit | 4 [ ∑+ ] | |
1985 profit | 4.7 [ ∑+ ] | |
Correlation | { --> } { r } | |
1986 predication | 1986 { y' } | |
Year of $6 million profit | 6 [ INV ] { y' } |
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