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In this tutorial, you will learn how to perform Linear Regression in Microsoft Excel, exploring all the available options within Microsoft Excel. We will examine each option in Linear Regression and provide a brief description of its purpose:
-- Summary Output Table
-- Residual Output Table
-- Probability Output Table
-- Variable Residual Plots
-- Variable Line Fit Plots
-- Normal Probability Plot
Throughout this tutorial, you will also learn a little about following:
1. Understanding the dependent and independent variables and how to effectively organize them in Excel.
2. Enabling the Data Analysis Tool to facilitate Linear Regression analysis.
3. Manually calculating predicted values.
Feel free to continue with the tutorial to master the art of Linear Regression analysis in Microsoft Excel.