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Excel Multiple Regression Forecasting(Recommended)
Rate this solution:(4.1/5 from 8 votes)
|The Multiple Regression Analysis and Forecasting model provides a solid basis for identifying value drivers and forecasting business plan data. While it utilizes a range of commonly employed statistical measures to test the validity of the analysis, results are summarized in text for ease of use. Once relationships have been identified, forecasting can be accomplished based on a range of available methodologies. The intuitive step-by-step usage flow enables you to develop strong forecasts for your projects in a timely manner. The key features of the Multiple Regression Analysis and Forecasting model include:
More resources for the Multiple Regression Analysis and Forecasting template including video, user manual and support can be found on the Excel Multiple Regression Analysis and Forecasting Template page.
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Latest Reviews for Excel Multiple Regression Forecasting:
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Reviewed by JRM on
As a small business owner I need to forecast my sales and costs. I don't have a statistics degree so this tool really helps with my forecasting. Thanks Business Spreadsheets.
Reviewed by Lavelle Dues on
Business Spreadsheets Multiple Regression Analysis and Forecasting spreadsheet was amazingly accurate and simple. I'm an analyst by trade and utilize Minitab extensively which is an expensive software and I have only one license. So, I needed a tool that was affordable and accurate. Additionally, I wanted the ability to conduct MLR but simplify the training of new employees. This tool helped my employees of 3 months to perform MLR (5 variables) while providing easy interpretation of the results. Through this analysis we were able to build a model with adjusted r-squared of 85.5% and effect significant improvements. Thanks Business Spreadsheets.
Reviewed by Professional Man on
After reviewing many products online, I think that the multiple regression analysis tool is one of the best in its class. Many times worth its value.
Reviewed by Suhaimie Saidi on
Forecasting economic data, especially those that influenced the market, has never been easier for me ever since I tried this product. Though I'm a lifetime student of economics, the instructions given in this model are very helpful indeed. I also appreciate that it provides more illustrative examples to explain what the important considerations are before a regression analysis is performed, and how the results should be interpreted. The spreadsheet does come in handy and saves a lot of precious time.
Reviewed by Fahim Hasan on
Excellent tool. Statistics can be very intimidating. The tool helps explain the regression model in its entirety. We teach our people to use Mintab. However, this is an outstanding training aid in interpretation of the results.
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