Regression analysis is a powerful tool in Excel that allows you to analyze the relationship between two or more variables. Ensure that the selected variables have a logical and theoretical relationship with each other, and are relevant to the research question.Identify the dependent variable (the outcome or response variable) and the independent variables (the predictors or explanatory variables) that will be used in the analysis.Determine the main research question or hypothesis that the regression analysis aims to address.Identifying independent and dependent variables Identify and remove any outliers that may significantly impact the regression results.Ĭ.Ensure consistency in data format and units across all variables.Check for missing or erroneous data points and decide on a strategy for dealing with them (e.g., removing or imputing missing values).Label each column with a clear and descriptive heading.
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