Data Analysis Tool Pak – Multiple Linear Regression (Excel 2010)

In this segment – I demonstrate the use of Data Analysis Tool Pak to build a multiple linear model using only Excel 2010 and basic interpretation of the results.

While the Data Analysis Toolpak does not replace a dedicated statistical tool, it does allow you to quickly check and do basic tests, analysis on Excel in a user friendly way, however it’s capabilities are limited and not recommended as a dedicated tool.