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Conrad Carlberg - Regression Analysis Microsoft Excel

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This is todays most complete guide to regression analysis with Microsoft Excel for any business analytics or research task. Drawing on 25 years of advanced statistical experience, Microsoft MVP Conrad Carlberg shows how to use Excels regression-related worksheet functions to perform a wide spectrum of practical analyses.

Carlberg clearly explains all the theory youll need to avoid mistakes, understand what your regressions are really doing, and evaluate analyses performed by others. From simple correlations and t-tests through multiple analysis of covariance, Carlberg offers hands-on, step-by-step walkthroughs using meaningful examples.

He discusses the consequences of using each option and argument, points out idiosyncrasies and controversies associated with Excels regression functions, and shows how to use them reliably in fields ranging from medical research to financial analysis to operations.

You dont need expensive software or a doctorate in statistics to work with regression analyses. Microsoft Excel has all the tools you needand this book has all the knowledge!

  • Understand what regression analysis can and cant do, and why
  • Master regression-based functions built into all recent versions of Excel
  • Work with correlation and simple regression
  • Make the most of Excels improved LINEST() function
  • Plan and perform multiple regression
  • Distinguish the assumptions that matter from the ones that dont
  • Extend your analysis options by using regression instead of traditional analysis of variance
  • Add covariates to your analysis to reduce bias and increase statistical power

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Regression Analysis Microsoft Excel

Conrad Carlberg

Regression Analysis Microsoft Excel - image 1
800 East 96th Street,
Indianapolis, Indiana 46240 USA

Regression Analysis Microsoft Excel

Copyright 2016 by Pearson Education, Inc.

All rights reserved. No part of this book shall be reproduced, stored in a retrieval system, or transmitted by any means, electronic, mechanical, photocopying, recording, or otherwise, without written permission from the publisher. No patent liability is assumed with respect to the use of the information contained herein. Although every precaution has been taken in the preparation of this book, the publisher and author assume no responsibility for errors or omissions. Nor is any liability assumed for damages resulting from the use of the information contained herein.

ISBN-13: 978-0-7897-5655-8
ISBN-10: 0-7897-5655-2

Library of Congress Control Number: 2016930324

Printed in the United States of America

First Printing April 2016

Trademarks

All terms mentioned in this book that are known to be trademarks or service marks have been appropriately capitalized. Que Publishing cannot attest to the accuracy of this information. Use of a term in this book should not be regarded as affecting the validity of any trademark or service mark.

Warning and Disclaimer

Every effort has been made to make this book as complete and as accurate as possible, but no warranty or fitness is implied. The information provided is on an as is basis. The author and the publisher shall have neither liability nor responsibility to any person or entity with respect to any loss or damages arising from the information contained in this book.

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Editor-in-Chief

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Development Editor

Mark Renfrow

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Project Editor

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About the Author

Conrad Carlberg (www.conradcarlberg.com) is a nationally recognized expert on quantitative analysis and on data analysis and management applications such as Microsoft Excel, SAS, and Oracle. He holds a Ph.D. in statistics from the University of Colorado and is a many-time recipient of Microsofts Excel MVP designation.

Carlberg is a Southern California native. After college he moved to Colorado, where he worked for a succession of startups and attended graduate school. He spent two years in the Middle East, teaching computer science and dodging surly camels. After finishing graduate school, Carlberg worked at US West (a Baby Bell) in product management and at Motorola.

In 1995 he started a small consulting business that provides design and analysis services to companies that want to guide their business decisions by means of quantitative analysisapproaches that today we group under the term analytics. He enjoys writing about those techniques and, in particular, how to carry them out using the worlds most popular numeric analysis application, Microsoft Excel.

Acknowledgments

I thank Joan Murray for the skill and tact she employed in seeing this book through from a proposed table of contents to a bound volume (or, if your preferences in media run that way, an electronic gadget). Bill Pate provided a careful technical edit, not a straightforward task when the platform gets as idiosyncratic as Excel does from time to time. Paula Lowells copy edit unmixed my metaphors, got my subjects to reach agreement with my verbs, and gently pointed out those occasions when I accidentally duplicated figure captions. Seth Kerney, Mandie Frank and Mark Renfrow kept the whole thing from careening out of control, and Im the sole owner of any errors remaining in this book.

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Introduction

Like a lot of people, I slogged through my first undergraduate classes in inferential statistics. Im not talking here about the truly basic, everyday stats like averages, medians, and ranges. Im talking about things you dont commonly run into outside the classroom, like randomized block designs and the analysis of variance.

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