Linear Regression in Excel

The linear regression is similar to multiple regression. But, there are difference between them. We’d perform the task that together, in a step-by-step format. But, first you’d need to get the Data Analysis by following through these steps: file > options > add-ins> go > data analysis > ok. Further, you’d also needs a data that look like this:

 

data table1. Click on Data (1), and then press on the Data Analysis (2).ribbon data analysis

2. Click on the regression.

click regression

3. Select the cells for y-values (1), then the ones for x-values (2), and then check the labels (3). Finally, press ok (4).

select cells labels

4. Click on an empty cell (1), and then press insert (2). Press scatter chart (3), and choose a scatter chart (4).

insert scatter chart

5. Right click on the chart (1), and choose Select Data (2).

select data

6. Click Add.

7. Write the series name (1), choose the cells for X-values (2), and for Y-values (3). Press ok (4).

click add edit series

Note: The values are the data, which would be in another spreadsheet.

8. Click Ok.

click ok

9. Right Click on any of the markers (1), and then select add trendline (2).

right click add trendline

10. If you would prefer, check the Display Equation on Chart (1), and the R-square value on chart (2).

Display Equation on Chart

In conclusion, you should have done a linear regression that looks like this:

ready linear regression

Template

You can download the Template here – Download