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When teaching cost behavior in a managerial or cost accounting course, we explain that there are various methods a company can use to estimate its fixed and variable costs, including regression ...
The first step in running regression analysis in Excel is to double-check that the free plugin Data Analysis ToolPak is installed. This plugin makes calculating a range of statistics very easy.
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 ...