Below is an example screenshot illustrating 12 months of cost data for a restaurant. To perform a simple linear regression to estimate the restaurant’s fixed and variable costs, perform the following ...

Simple linear regression is commonly used in forecasting and financial analysis—for a company to tell how a change in the GDP could affect sales, for example. Microsoft Excel and other software ...

In the example below, I use an e-commerce data set to build a regression model. I also explain how to determine if the model reveals anything statistically significant, as well as how outliers may ...

Linear Regression vs. Multiple Regression Example Consider an analyst who wishes to establish a relationship between the daily change in a company's stock prices and daily changes in trading volume.