Question
10 Regression analysis is a method used to predict future values by analyzing the relationships between two or more variables. On the Regression worksheet use
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Regression analysis is a method used to predict future values by analyzing the relationships between two or more variables. On the Regression worksheet use the Data Analysis add-in to create a regression analysis. Use cells C1:C37 as the Input Y Range. Use cells A1:B37 as the Input X Range. Click the Labels check box and use cell E10 as the Output Range. Adjust the columns as necessary so that all values are visible in the SUMMARY OUTPUT.
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Excel's Data Analysis add-in provides an easy way to conduct a regression analysis on two or more variables. In cells G3 create a regression equation for the combination of age and gender in cells E3 and F3 respectively. Copy the formula to down to G6.
B C D E G H Gender Age (Nominal) Sales Estimate Sales Revenues 35 $63.76 Age Gender Sales Estimate 45 $181.52 45 2 38 $145.08 50 49 $153.39 55 $233.09 60 2 47 41 $192.25 50 $132.59 5 4 00 46 $130.28 48 $293.97 36 $166.98 47 $165.18 $252.05 46 $161.94 36 $156.14 37 $279.18 43 $261.67 18 47 $261.25 19 49 $262.73 20 38 N N N N N P P P P P P P P P P P P N N N N N P P N N NN PANNAAN $204.02 34 $52.44 32 $61.21 31 $80.12 24 $71.00 32 $85.74 28 $56.27 25 $62.89 19 $42.63 23 $58.35 30 32 $65.74 56 $296.8 32 61 $121.88 60 $177.52 34 64 $184.46 35 56 $190.96 36 61 $222.53 37 57 $232.54 38 SpaTreatments Regression OnlineOrder RaffleAnalysis Sales Trend CorrelationMatrix
10 | Regression analysis is a method used to predict future values by analyzing the relationships between two or more variables. On the Regression worksheet use the Data Analysis add-in to create a regression analysis. Use cells C1:C37 as the Input Y Range. Use cells A1:B37 as the Input X Range. Click the Labels check box and use cell E10 as the Output Range. Adjust the columns as necessary so that all values are visible in the SUMMARY OUTPUT. |
11 | Excel's Data Analysis add-in provides an easy way to conduct a regression analysis on two or more variables. In cells G3 create a regression equation for the combination of age and gender in cells E3 and F3 respectively. Copy the formula to down to G6. |
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