![]() ![]() You can either create a line of best fit manually or have Excel calculate it for you. A scatter plot is a type of diagram that presents data as a collection of points. Related: How To Make a Graph in Excel What is the line of best fit in Excel?Ī line of best fit, also called a best fit line or trendline, is a straight line that represents a general trend pattern on a scatter plot graph. In this article, we discuss what the best fit line in Excel is, explore its benefits and explain how to use it in four steps. Learning about this pivotal tool can help you better implement it within your own processes. ![]() A line of best fit is a feature you can access in the Excel software application that provides immediate and relevant insights about business and financial conditions. When a company wants to identify commonalities and trends within its data, it can use a line of best fit to visualize that concept within the framework of a diagram.
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