Friday, March 18, 2016

What does calculating the slope of a graph line tell you about the data

The slope of a line is a characterization of it's 'inclination'. A line with a high slope is very steep, while one that has a very low slope is almost horizontal. A negative slope would mean the line is going down from left to right (in a coordinate system) and a positive slope would mean going up. 


In correlations, when a line is fit, a positive slope would mean a direct correlation where in an increase in one variable corresponds to a proportional increase in another; whereas a negative slope would indicate an inverse correlation.


In mathematics, slope is usually defined as 'rise over run' - or the ratio between the change in the y-variable and the change in the x-variable (`m = (\Deltay) / (\Deltax)` ). As alluded to in the first two paragraphs, a slope can be used to determine the relationship between two variables. If the slope is high, that means a tiny change in the variable x results to a huge change in the variable y. This could mean that y is very sensitive to x. The opposite is true if the slope is low. For instance, if the slope is one, a corresponding change in x translates to an equal change in y. For example, if each student is required to buy a textbook, then if a class size increases from 30 to 40, then the number of books purchased would also increase by 10 (since each student will get a book). 


Meanwhile, the sign of the slope represents how the two variables are related - either direct or inverse. For instance, an increase in the cost of a certain product might result to a decrease in sales. While this may not necessarily be a line, if a line is fit to the data, we would expect it to have a negative slope.


Hence, calculating the slope of a line fit to a given set of data will reveal information including how the variables are related and how strong this relationship is.

No comments:

Post a Comment

Thomas Jefferson's election in 1800 is sometimes called the Revolution of 1800. Why could it be described in this way?

Thomas Jefferson’s election in 1800 can be called the “Revolution of 1800” because it was the first time in America’s short history that pow...