The Excel STEYX function computes the standard error for the line of best fit using a set of x- and y-values given.
Syntax :
=STEYX( known_y’s, known_x’s )
Parameters :
Example :
The preceding spreadsheet’s cells A2-A10 and B2-B10 include a set of known x- and known y-values. These points are also plotted on a chart in the spreadsheet, along with the line of best fit through the points. The Excel Steyx function may determine the Standard Error for the line of best fit. This function has the following syntax, as illustrated in cell C12 of the sample spreadsheet: =STEYX ( B2:B10, A2:A10 ) The value 1.201186347 is returned by this function.
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