Excel Business Analytics Free Course - Forecasting, Linear Programming, Simulation & more. - Basic Excel Business Analytics #49: LINEST Array Function for Simple Linear Regression
Download files: https://people.highline.edu/mgirvin/AllClasses/348/348/AllFilesBI348Analytics.htm
Learn:
LINEST Array Function Steps:
1) Highlight one more column that there are independent Variables and 5 rows
2) Enter x values, y values, TRUE, TRUE
3) Use Ctrl + Shift + Enter to enter formulas as an array into the highlighted cells.
4) Delivers multiple Statistics: Slope, Y-Intercept, Standard Error of slope, Standard Error of Y-Intercept, R Squared, Standard Error of the Estimate, F Test Statistic, Degrees of Freedom, SSR (Sum of Squares of Regression), and SSE, (Sum of Squares of Error (Residuals))
Download Excel File Not: After clicking on link, Use Ctrl + F (Find) and search for “Highline BI 348 Class” or for the file name as seen at the beginning of the video.
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