Course Content

  • Forecasting-in-Excel

Course Content

FAQs

Linear regression analysis is a statistical technique for predicting the value of one variable based on the value of another. The dependent variable is the variable you want to forecast.

Arrange your data in columns as shown below to perform the regression. Then select the "Data Analysis" tab from the "Data" menu. You'll now see a window with a list of the different statistical tests that Excel can run. Click "OK" after scrolling down to the regression option.

You can use regression analysis to figure out how strong the correlations between variables are. Regression analysis can tell you how much of the total variability in the data is explained by your model using statistical measurements like R-squared / adjusted R-squared.

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