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Multiple linear regression (MLR) is a statistical technique that uses several explanatory variables to predict the outcome of a response variable.
The first step in running regression analysis in Excel is to double-check that the free plugin Data Analysis ToolPak is installed. This plugin makes calculating a range of statistics very easy.
Learn the difference between linear regression and multiple regression and how investors can use these types of statistical analysis.
VIDEO: It's easy to run a regression in Excel and you only need to understand a few data points to make sense of the results.
When teaching cost behavior in a managerial or cost accounting course, we explain that there are various methods a company can use to estimate its fixed and variable costs, including regression ...
When multiple variables are associated with a response, the interpretation of a prediction equation is seldom simple.