EXCEL 2007: Multiple Regression
A. Colin Cameron, Dept. of Economics, Univ. of Calif. - Davis
This January 2009 help sheet gives information on
Multiple regression using the Data Analysis Add-in.
Interpreting the regression statistic.
Interpreting the ANOVA table (often this is skipped).
Interpreting the regression coefficients table.
Confidence intervals for the slope parameters.
Testing for statistical significance of coefficients
Testing hypothesis on a slope parameter.
Testing overall significance of the regressors.
Predicting y given values of regressors.
Excel limitations.There is little extra to know beyond regression with one explanatory variable.The main addition is the F-test for overall fit.
MULTIPLE REGRESSION USING THE DATA ANALYSIS ADD-IN
This requires the Data Analysis Add-in: see Excel 2007: Access and Activating theData Analysis Add-in The data used are in carsdata.xls
We then create a new variable in cells C2:C6, cubed household size as a regressor.Then in cell C1 give the the heading CUBED HH SIZE.(It turns out that for the se data squared HH SIZE has a coefficient of exactly 0.0 thecube is used).The spreadsheet cells A1:C6 should look like: