
Step 1: Go to Worksheet’s File > Options. To conduct Regression Analysis, at 1 st we have to enable Analysis Toolpak. However, the Linear Regression formula becomes Y=mX+C, if we ignore the error term (i.e., E).Ĥ Easy Ways to Do Simple Linear Regression in Excel Method 1: Doing Simple Linear Regression Using Analysis Toolpak in Excel Though some Add-ins calculate errors off-screen, we mention it to clarify the analysis.

The error term, E is in the formula because no prediction is never 100% correct. Ε = Error Term, the difference between the actual value and predicted value.

It has an equation of Y=mX+C+ E and the variables are Therefore, Linear Regression estimates values when single dependent and independent variables are concerned. Regression Analysis comes from Statistics and deals with predicting values that depend on two or more variables.
