When analyzing a scatter plot, what method does Excel use to create the Trendline?

I’m assuming that the Trendline is the same as the Line of Best Fit and would use a method such as “Least Squares Method” to calculate the linear equation with the highest possible correlation coefficient. 

​When analyzing a scatter plot, what method does Excel use to create the Trendline? I’m assuming that the Trendline is the same as the Line of Best Fit and would use a method such as “Least Squares Method” to calculate the linear equation with the highest possible correlation coefficient.   Read More

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