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Regression analysis on charts

ResolvedVersion 2007

Sally has attended:
Excel Advanced course

Regression analysis on charts

How do I add + and - 1 and 2 standard deviations to a linear regression analysis on charts, please?

RE: Regression analysis on charts

Hi Sally

Thanks for getting in touch. There are some options in the Analysis Toolkpak to create regression lines but often it's overkill. It's often simplest to create additional columns for the +/- 1/2 standard deviations, and plot those on to the chart.

It's probably easier to give specific help if I could see the workbook you're using. Could you send a copy to gary@stl-training.co.uk please?

In the meantime there's a useful summary of the statistical functions for calculating regression on the Microsoft site:

http://office.microsoft.com/en-gb/excel-help/perform-a-regression-analysis-HA001111963.aspx

Kind regards

Gary Fenn
Microsoft Office Specialist Trainer

Tel: 0207 987 3777
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Excel tip:

Generating Random Numbers

To generate a random number in Excel use the = RAND() function.

The value returned will always be between 0 and 1. To convert this to some other random value, you will need to multiply the result by the highest number you want to consider. For example, if you wanted a random number between 1 and 25, you could use the following code line:
= INT(25 * RAND()+ 1)

Since RAND() will always returns a value between 0 and 1 (but never 1 itself), multiplying what it returns by 25 and then using the Integer function INT on that result will return a whole number between 0 and 24.

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