Linear Regression Made Easy - The Epic Full Story with All Details - Excel Statistical Analysis

Linear Regression Made Easy - The Epic Full Story with All Details - Excel Statistical Analysis

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) Calculate R Squared = Coefficient of Determination

25 of 34

25 of 34

) Calculate R Squared = Coefficient of Determination

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Linear Regression Made Easy - The Epic Full Story with All Details - Excel Statistical Analysis

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  1. 1 ) Introduction
  2. 2 ) Outline for topics
  3. 3 ) X and Y Data Sets. Regression shows correlation, not causation.
  4. 4 ) X-Y Scatter Chart
  5. 5 ) Types of Relationships
  6. 6 ) Add Ybar and Xbar Lines to X-Y Scatter Chart
  7. 7 ) Sample Covariance. Why the formula is cool
  8. 8 ) How to make sense of the Linear Regression Formulas, in a visual way
  9. 9 ) Calculate Sample Covariance
  10. 10 ) Calculate Coefficient of Correlation
  11. 11 ) Calculate Sample Standard Deviation
  12. 12 ) Simple Linear Regression Estimated Equation: Population Parameters and Sample Statistics.
  13. 13 ) Assumptions to use Estimated Equation to predictions won’t be too high or too low
  14. 14 ) Look at formulas for Slope and Y-Intercept. Look at Least Squares Method, including Deductive Proof
  15. 15 ) Calculate Slope
  16. 16 ) Calculate Y Intercept
  17. 17 ) Use formula to create algebra/statistics formulas. Learn about the FIXED function.
  18. 18 ) Experimental Range
  19. 19 ) Make prediction with estimated equation
  20. 20 ) Add equation to chart
  21. 21 ) Understanding SST = SSR + SSE and R Square.
  22. 22 ) What are Residuals?
  23. 23 ) Great Visuals for Residuals and SST + SSR + SSR and R Squared
  24. 24 ) Calculate SST, SSR and SSE
  25. 25 ) Calculate R Squared = Coefficient of Determination
  26. 26 ) Calculate Mean Square Error = MSE
  27. 27 ) Calculate Standard Error of Estimate (y) = s
  28. 28 ) Calculate Mean Square Regression = MSR, F Test Statistic and p-value to test reasonableness of relationship
  29. 29 ) Understanding Residual Plot to Test Regression Assumptions
  30. 30 ) Build Residual Plot
  31. 31 ) FORECAST function
  32. 32 ) Data Analysis Regression Tool
  33. 33 ) Summary of video
  34. 34 ) Closing, Next Video and Video Links

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