Statistics: Linear Regression XLMiner Toolpack

Published: 09 October 2021
on channel: Joshua Johnson

2,445

This video covers evaluating the fit of a line and demonstrates finding the important values using a spreadsheet, as well as an addon called XLMiner Data Analysis Tooolpack.

Findings include:
Slope (m), Intercept, Correlation (r), Coefficient of Determination (r^2), Sum Squared Error (SSE), Mean Squared Error (MSE), and Standard Error (SE)

Table of Contents:

01:09 - Using the Insert Chart
02:23 - The Important Terms for Evaluating Best Fit
04:44 - SSE, MSE, SE by Hand
07:26 - XLMiner Toolpack Install and Linear Regression

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