How Do You Use Multiple Regression In Excel?
Multiple regression analysis is an advanced statistical technique that uses more than one predictor, or independent variables, to examine the effects on a single outcome, or dependent variable. For example, a multiple regression model might examine average salaries (dependent variable) as a function of age, education, gender and experience (independent variables). Multiple regression calculates coefficients for each independent variable. The coefficient estimates the effect of a particular variable while holding constant the effects of other variables. Excel, the spreadsheet program in Microsoft’s popular Office software package, includes data analysis tools that enable it to conduct multiple regression analysis. Enter the data you will use to conduct your regression analysis into an Excel spreadsheet. You can enter the data by hand or import a data file from another source, such as an ASCII file or another spreadsheet, into Excel. Although Excel’s data analysis function is included in
