I had a thought and I am not sure how to answer it. Let's say that I have some data points (x1,y1), (x2,y2), (x3,y3) ... and I want to estimate the slope at x2. Would it be better to estimate it using (y2 - y1)/(x2 - x1) or (y3 - y1)/(x3 - x1) ?
That is, should the secant line that I draw...