Definition: Slope

Term: Slope

Definition:The slope of the line represents how much each unit change of the independent variable X changes the dependent variable Y. The slope (m) tells you how hard it would be to run up the straight line, i.e. how steep it is. The larger "m" is, the steeper the slope. A perfectly horizontal line has a slope of zero. A line that makes a 45-degree angle with its base has a slope of 1.

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Course	Page Number
09 - Basic Quantitative Methods	20

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Slope