The Sxy calculator is designed to determine the covariance between the independent (X) and dependent (Y) variables.
The formula to compute Sxy is:
Sxy = Σ(xi - x̄) (yi - ȳ)
Where,
xi = Each value of the independent variable,
x̄ = Mean of X dataset,
yi = Each value of the dependent variable,
ȳ = Mean of Y dataset.
The Sxy is used to compute the slope (b1) of the regression line in simple linear regression.
b1 = |
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