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How can one create a best fit ellipse around a cluster of (x,y) points in a scatter plot within Excel? It is this possible?
Thank you
How can one create a best fit ellipse around a cluster of (x,y) points in a scatter plot within Excel? It is this possible?
Thank you
Does it have to be an ellipse?
This page has code for creating a bounding area of a set of points.
http://www.andypope.info/charts/convexhull.htm
If you really do need an ellipse you could take the x and or y values from the 4 extreme points and then create an ellipse using trig formula.
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