Tabellab
Data & Analytics Intermediate

Regression Analysis for Business in Excel

From scatter plot to multiple regression: least squares by hand, R² and standard error, t-tests and p-values, prediction intervals, LINEST with several drivers, dummy variables, residual analysis and log models, in 8 hands-on labs on one retailer's data.

8 lessons 8 labs 2.2 h Certificate

The first lesson is free — no account needed.

About this course

A regression analysis course in Excel that goes from a scatter plot to multiple regression on one retailer's store data, for analysts, students and anyone who has to defend a forecast. You measure correlation by hand and with CORREL, fit a simple regression line from sums of squares and check it against Excel's built-in functions, test whether a slope is real with its t statistic, p-value and 95% confidence interval, put a prediction interval around the forecast for a new store, fit three drivers at once with LINEST and read each coefficient with INDEX, turn regions and seasons into dummy variables, check residuals and standardised residuals for outliers and fit a log-log demand model to read the price elasticity, with checks for multicollinearity and extrapolation. The first lab is free.

Lessons

  1. Scatter Plots & Correlation: Is There a Linear Relationship?Lab15 minFree
  2. Simple Linear Regression by Hand: Least Squares, R² & Standard ErrorLab18 min Pro
  3. Is the Slope Real? t Statistic, p-Value & Confidence IntervalLab16 min Pro
  4. Predicting a New Store: Point Forecast & Prediction IntervalLab16 min Pro
  5. Multiple Regression with LINEST: Three Drivers at OnceLab18 min Pro
  6. Dummy Variables: Regions and Seasons in a RegressionLab17 min Pro
  7. Residual Analysis: Residual Plot, Standardised Residuals & OutliersLab17 min Pro
  8. Log Models & Elasticity, plus Two Classic PitfallsLab17 min Pro