A linear regression model can be created in Excel to make the process simpler. Article Sources Investopedia requires writers to use primary sources to support their work.

Excel provides various tools to assist with multiple regression analysis and address issues. The Data Analysis Toolpak is an add-in that offers statistical procedures like regression, correlation ...

The major outputs you need to be concerned about for simple linear regression are the R-squared, the intercept (constant) and the GDP's beta (b) coefficient. The R-squared number in this example ...

R 2 is a statistical measure of the goodness of fit of a linear regression model (from 0.00 to 1.00), also known as the coefficient of determination. In general, the higher the R 2 , the better ...