To use the LINEST function in Google Sheets, follow these steps:
- Open Google Sheets: Go to Google Sheets and open the spreadsheet where you want to use the LINEST function.
- Enter Data: Enter your data in two columns. For example, you might have X values in column A and corresponding Y values in column B.
- Insert Formula: Click on the cell where you want to display the LINEST results. Then, type the following formula:
Copy code=LINEST(B2:B10, A2:A10, true, true)
ReplaceB2:B10
with the range of your Y values andA2:A10
with the range of your X values. Thetrue, true
at the end of the formula tells Google Sheets to include the intercept and display the additional statistics. - Press Enter: After entering the formula, press Enter. Google Sheets will calculate the LINEST statistics and display them in the selected cell.
- Review Results: The LINEST function will return an array of values representing the slope, y-intercept, correlation coefficient, standard error, and other statistics related to the best-fit line for your data.
That’s it! You’ve successfully used the LINEST function in Google Sheets to calculate statistics for a best-fit line.