Multiple Regression Analysis and Least Squares Regression
Response to the following:
I understand how to apply least squares regression to produce an estimated regression equation when a single variable is involved.
How is that applied for a MULTIPLE regression analysis? Is there a simultaneous solution involving all variables at once, or is a separate calculation performed for each variable independently? My text really doesn't give much detail, only stating similar calculations are used.
I plan on using excel for my solutions. Do you have an example of how to set up excel program for a multiple regression analysis?