The first step in running regression analysis in Excel is to double-check that the free plugin Data Analysis ToolPak is installed. This plugin makes calculating a range of statistics very easy.

Using Linear Regression Because much economic data has cycles, multiple trends and non-linearity, simple linear regression is often inappropriate for time-series work, according to Yale University.

Excel forecasting is a key skill for analysts, enabling precise predictions to guide strategic decisions. Key techniques include linear trend analysis, seasonality, and data visualization.

Use historical data to forecast trends to use in sales, budgets, marketing and more. Excel provides accessible tools to create a graph and display the linear equation.

Learn how to graph linear regression in Excel. Use these steps to analyze the linear relationship between an independent and a dependent variable.