How would I run a simple regress calculation in Excel if my independent variable was 149.30 and my dependent bariable was 157.7
Appreciate any help.
One point does not yield any regression.
To perform a regression calculation in Excel, you need a dataset with multiple pairs of independent and dependent variables. In your case, having only one pair of data points (149.30 as the independent variable and 157.7 as the dependent variable) is not sufficient for regression analysis.
However, if you have additional data points, you can follow these steps to perform a simple linear regression calculation in Excel:
1. Organize your data: Place your independent variable values in one column (let's say column A) and your dependent variable values in another column (let's say column B). Make sure each data point is in a separate row.
2. Calculate the regression: In an empty cell, use the regression formula: =slope(B2:Bn, A2:An), where B2:Bn is the range of dependent variables and A2:An is the range of independent variables.
3. Press Enter, and Excel will return the slope of the regression line, which represents the relationship between the independent and dependent variables.
Note: It's crucial to have more data points to obtain meaningful results from the regression analysis. The more data you have, the more accurate the regression calculation will be.