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Regression Tool Guide (BMGT340 Project Part 3)

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ShriRam Hegde
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23 views3 pages

Regression Tool Guide (BMGT340 Project Part 3)

Uploaded by

ShriRam Hegde
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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This guide will show you how to use the regression tool in Excel for part 3 of the BMGT340

finance project.

Step 1

Go to the sheet that contains the data you want to perform a regression analysis on (in the
screenshot below: Regression Data).

Then, go to the Data toolbar on the top of Excel and then click on the Data Analysis icon on the
right side of the toolbar.

Scroll down the list in the pop-up menu and select Regression. Then hit “OK”.
Step 2

In the “Input Y Range:” box, select your dependent variable (in this case, your sales). Make sure
you select all years (2006-2010 in the screen shot below).

In the “Input X Range:” box, select your independent variable (in this case, the year). Make sure
you select all years (2006-2010 in the screen shot below).

Under “Output options”, make sure “New Worksheet Ply” is selected and enter an appropriate
name for the sheet to contain the regression analysis (i.e. Regression Results). The other options
are unnecessary.

Once done, hit “OK”.


Step 3

A new sheet should appear similar to the sheet in the screenshot below. The X variable
coefficient is the slope of your regression line for future sales while the intercept coefficient is
the intercept of the regression equation.

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