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In most mathematical contexts, the independent variable is placed on the horizontal axis and the dependent variable on the vertical axis. For example, if f(x) is plotted against x, conventionally x is plotted horizontally and the value of the function is plotted vertically. This placement is often, but not always, reversed in economic graphs.
By convention in the context of supply and demand graphs, economists graph the dependent variable (quantity) on the horizontal axis and the independent variable (price) on the vertical axis. The inverse supply equation is the equation written with the vertical-axis variable isolated on the left side: = ().
Dependent variables are studied under the supposition or demand that they depend, by some law or rule (e.g., by a mathematical function), on the values of other variables. Independent variables, in turn, are not seen as depending on any other variable in the scope of the experiment in question. [a] In this sense, some common independent ...
A scatter plot, also called a scatterplot, scatter graph, scatter chart, scattergram, or scatter diagram, [2] is a type of plot or mathematical diagram using Cartesian coordinates to display values for typically two variables for a set of data. If the points are coded (color/shape/size), one additional variable can be displayed.
Linear trend estimation is a statistical technique used to analyze data patterns. Data patterns, or trends, occur when the information gathered tends to increase or decrease over time or is influenced by changes in an external factor. Linear trend estimation essentially creates a straight line on a graph of data that models the general ...
In mathematics, the graph of a function is the set of ordered pairs , where In the common case where and are real numbers, these pairs are Cartesian coordinates of points in a plane and often form a curve. The graphical representation of the graph of a function is also known as a plot. In the case of functions of two variables – that is ...
A line chart or line graph, also known as curve chart, [1] is a type of chart that displays information as a series of data points called 'markers' connected by straight line segments. [2] It is a basic type of chart common in many fields. It is similar to a scatter plot except that the measurement points are ordered (typically by their x-axis ...
Scatterplot : A scatter graph or scatter plot is a type of display using variables for a set of data. The data is displayed as a collection of points, each having the value of one variable determining the position on the horizontal axis and the value of the other variable determining the position on the vertical axis. [9]