Simple Regression Analysis Interpretation【Excel Data Analysis Tool】

In order to get a Regression Equation, many times you can complete that job with only the Scatter Plot, but performing a Single Regression Analysis will give you more significant information. This video will explain how to interpret results of Simple Regression Analysis using Excel Data Analysis Tools. You will learn about the 'Coefficient of Determination', 'Correlation Coefficient', ‘Adjusted R Square’ and the differences among them and how to interpret them for your business. The P-Value represents the degree of relationship between the Explanatory Variable X and the Objective Variable Y, which is important for Multiple Regression Analysis, so this video will explain the P-Value in detail in this video.
(Process Improvement Methodology for Service Operations, PMP, Project Management, Lean Six Sigma, Japan, Six Sigma, Excel, VBA: Episode 106)

＜＜Read this video's transcript in my blog.＞＞

＜＜ Related Videos ＞＞
Simple Regression Analysis by Scatter Plot in Excel

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