Scribd
Upload
51 views

Revision B 1.231 Regression Tutorial

This document provides a tutorial for using linear regression analysis in Excel to forecast aviation demand. It explains how to install the Analysis ToolPak add-in if needed, then how to select regression analysis from the tools menu. The user is guided to specify the input data ranges for the dependent and independent variables, with the dependent variable in one column and independent variables allowed in multiple columns. The output of the regression will be displayed on a new worksheet, highlighting statistics like the R-squared value and coefficients for the independent variables and intercept term in the forecasting equation.

Uploaded by

Maca Paca
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
51 views

Revision B 1.231 Regression Tutorial

This document provides a tutorial for using linear regression analysis in Excel to forecast aviation demand. It explains how to install the Analysis ToolPak add-in if needed, then how to select regression analysis from the tools menu. The user is guided to specify the input data ranges for the dependent and independent variables, with the dependent variable in one column and independent variables allowed in multiple columns. The output of the regression will be displayed on a new worksheet, highlighting statistics like the R-squared value and coefficients for the independent variables and intercept term in the forecasting equation.

Uploaded by

Maca Paca
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
You are on page 1/ 8

Linear Regression with Excel

Brief Tutorial for


Forecasting Assignment
MIT Airport Systems Planning Course
Shiro Yamanaka
MIT Airports Course Regression Tutorial Page 2
Installation
First, please make sure that you have Analysis ToolPak installed. To
do so, go to: Tools... and select: Add-Ins
If it is installed already, please skip to Page 4.
MIT Airports Course Regression Tutorial Page 3
Make sure that: Analysis ToolPak is checked.

MIT Airports Course Regression Tutorial Page 4
Regression
Now we can run the regression. Go to: Tools... and select: Data Analysis

Assumption 5, Q1 is used as an example. The corresponding equation is:
(PAX)/(2*(POP)) = A0 + A1*(PCPI) + A2*(EMP) + A3*(Yield)
MIT Airports Course Regression Tutorial Page 5
From the list, select: Regression...
MIT Airports Course Regression Tutorial Page 6
You are asked to specify the input data.
Y Range refers to Dependent variables
X Range refers to Independent variables

For this analysis, we assume that PAX/(2*POP) is a function of PCPI,
Employment, and Natl Avg Yield. So Column F is the Dependent
variable, and Columns B-D are Independent variables.
To specify the
input range,
click on this
button to go
to range
specification
screen. (Next
page)
MIT Airports Course Regression Tutorial Page 7
Here, you can select the data set you want to include as the value of
Dependent or Independent variables. (Have to be done one at a time.)

For Dependent variables, all data sets must be in one column.
For Independent variables, data sets can be in multiple columns, and they
will be your X Variable 1,2, n in the output worksheet.

There must be the same number of data sets for Dependent and
Independent variables. So please construct your table carefully.

When you are
done, click on
this button to
go back to
Regression
main screen.
MIT Airports Course Regression Tutorial Page 8

When you press: OK, the regression result will be shown on another
worksheet. Statistics useful for our purpose are highlighted.

This example shows, R^2 = 0.923, the coefficients for the 3 independent
variables and the intercept. This turns the original equation into:

(PAX)/(2*(POP)) = -198.50 + 0.061*(PCPI) + 0.039(EMP) + 977.15(YIELD)

You might also like