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STEYX Function

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187 views

STEYX Function

Uploaded by

SUJIT SINGH
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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5/27/2020 STEYX Function

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STATISTICAL

STEYX Function
Returns the standard error of the regression, which also is known as
the standard error of the estimate. The standard error is essentially the
standard deviation around a trend line.

by Charley Kyd, MBA


Microsoft Excel MVP, 2005-2014
The Father of Spreadsheet Dashboard Reports

Syntax

STEYX(known_y's, known_x's)

known_y's  Required. An array or range of dependent data points.

known_x's  Required. An array or range of independent data points.

Applies To

Excel 2003 and above

Remarks

If you're wanting to measure the variability of time-series data, it's usually a good idea to rely
on the standard error (using the STEYX function) rather than the standard deviation (using the
STDEV.S function). This is because the standard error removes variability imposed by the
trend in the data, which the standard deviation does not.
 
Example
You can download this example workbook here, along with all other example workbooks I've
completed for this Excel help area. 

This table shows trends in sales by date, with a chart that summarizes the data. The gray line
is the TREND line. The orange lines, calculated in columns D and E, mark one standard error    
on each side of the trend.

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5/27/2020 STEYX Function

Other ExcelUser Information

Highlight Normal Results in Line Charts, Making Extreme Results Stand Out

Other Help

Microsoft Help for the STEYX Function.

Related Functions
STDEV.S  Estimates the standard deviation based on a sample. (Excel 2010 and
above.)
STDEV  Estimates the standard deviation based on a sample.
TREND Fits a least-squares regression line to a range or array and returns
the y-values along that line for the x-values you specify.

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