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SESSION

Structure

Introduction

Analysis ToolPak
where B0

åX Yi = B 0 å X 2i + B 1 å X 2iX 1i +B 2 åX22i
2i

Ŷ = B̂ 0 + B̂1X1 + B̂ 2 X 2
Independent X variables,
Dependent Y located together in the
variable Excel sheet
2 Click on this 1 Click on this

3 Select this

Select this
Click here 1

2 Click here to select X values

3 Click here to select Y values

4 Click here

3 Select this 2 Click on this

Click on this
1
Select this

40000

35000

30000

25000

20000

15000

10000
200 300 400 500 600
40000 40000

35000 35000

30000 30000
Sales

Y 25000

20000
25000

20000

15000 15000

10000 10000
200 300 400 500 600 60 70 80 90 100
600 600
550 550
Advertisement Cost

500 500

450 450

400 400

350 X1 350
300 300
250 250
200 200
10000 20000 30000 40000 60 70 80 90 100
100 100

95 95

90 90

85 85
Price

80
75
80

75
X2
70 70

65 65

60 60
10000 20000 30000 40000 200 300 400 500 600

Sales Advertisement Cost Price


ToolPak

ToolPak

Data with label of monthly sales

Data with labels of


advertisement cost and price
sˆ = MSSRes = 1878.6585.
ToolPak

SE ( B̂2 ) =

ToolPak

H 0 : B̂1 = 0 vs H1: B̂1 ¹ 0


intervals.
2.5
2.0
1.5
Standard Residuals

1.0
0.5
0.0
-0.5
-1.0
-1.5
-2.0
-2.5
0 10 20 30 40 50
Predicted Sales ('000)

p
110
100
90
80
70
Percentiles

60
50
40
30
20
10
0
-4000 -3000 -2000 -1000 0 1000 2000 3000
Ordered Residuals

p p

ToolPak
¢ X¢X
ˆ

B̂ = ( X¢X)-1 X¢Y
Y¢ ¢

X¢ X (X¢X) -1
X¢ X¢
¢

X¢ ( 3´40 )
( 3´3)
Click on this 2 3 Click on this

Select cells 1

(X'X),

CTRL+SHIFT+ENTER
Click on this 2 3 Click on this

Select cells
1
(a)

4 Select this

(b)

CTRL+SHIFT+ENTER

(c)
B¢(X¢Y )

T
-

-
-

ŝ 2
-1
(X'X)

= Sqrt(O7)
= Sqrt(P8)
= Sqrt(Q9)

(a)

= G7/O11
= G8/O12
= G9/O13

(b)

= Tdist(O15,37,2)
= Tdist(O16,37,2)
= Tdist(Abs(O17),37,2)

(c)

ToolPak

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