Student Name Yeligala Sanketh
Student Registration Number 242P3R2018 Class & Section: MBA & sec –A
Study Level : UG/PG PG Year & Term: 1st year& 1st term
Subject Name Business Analytics
Name of the Assessment Lab Report – 5
Date of Submission 23-01-2025
Business Statistics
Lab Report – 5
Trend Lines & Regression Analysis
1. Find the trend line with reference to the given data.
Given Data:
driving assignment i x= Miles Traveled y= Travel time (hours)
1 100 9.3
2 50 4.8
3 100 8.9
4 100 6.5
5 50 4.2
6 80 6.2
7 75 7.4
8 65 6
9 90 7.6
10 90 6.1
Total 67
Procedure:
Step 1: Enter the given data in excel sheet.
Step 2: Then select all the given data
Step 3: Goto to insert tab
Step 4: Select the scatter or bubble chart in the graphs tab
Step 5: The graph appears on your screen then, Click on (+) symbol shown beside
the graph
Step 6: Check the trend line option in the dialog box, then > sub options in the
trend line > more options > check the option □ Display equation on chart, So that the
regression equation is visible on the chart beside the trend line
10
9
8 y = 0.0678x + 1.2739
7
Axis Title
6
5
4
3
2
1
0
0 20 40 60 80 100 120
Axis Title
Interpretation:
After identifying the trendline in Excel, you interpret the overall direction and pattern of the
data.
For example, it might show whether the data is increasing, decreasing, or stable over time,
and the strength of the trend.
This helps in making predictions or understanding relationships between variables.
Conclusion:
The conclusion from a trendline in Power BI summarizes the insights gained, such as
whether the data shows growth, decline, or stability over time. For example, you might
conclude that sales are steadily increasing, a process is becoming more efficient, or there’s a
need to address a downward trend to improve performance.
Now, lets take the above graph in excel as refence and plot and insert graph in
Power BI, the procedure is as follows.
Procedure:
Step 1: Open power BI blank page, then Click on get data > Excel workbook >
then select the data > then check the data you want > click on transform data.
Step 2: Click on close and apply for once, so that we can see the options like
Filters, visualization and data to the right side on the screen
Step 3: Select the scatter chart from the visualizations tab
Step 4: then drag and drop driving assignment (i) values in values column >
miles travelled (x) in X-axis > travel time (hours) (y) in Y-axis.
Step 5: You find an option as Analytics (magnifying glass) picture to show the
options to modify your chart on the screen displayed, click on trend line from
off to ‘on’
The graph represented as below,
Interpretation:
After finding the trendline in Power BI, you interpret the data's overall direction and
behavior over time or across categories.
It highlights patterns like increasing, decreasing, or stable trends, make informed decisions
based on the visualized relationships.
Conclusion:
In Excel, the conclusion from a trendline is similar: it summarizes the observed pattern or
behavior in the data. For example, you might conclude that revenue is growing consistently,
a particular variable has a negative impact, or there’s a plateau that requires further
investigation.
