Discussion: Bias, Statistics, News and Lies. Previous Next Statistics and Lies "There are three kinds of lies: lies, damned lies, and statistics." - Mark Twain. A mid-twentieth century book: Lesson

BUS520 Module 3. Case . How to Run a Regression Analysis in Excel. • Click Data. • Data Analysis. • Scroll down to Regression. • Click OK. The Variables Y is the Dependent Variable. X is the Independent Variable . • It is not changed by the other variables. The Independent Variable causes a change in the Dependent Variable. The Dependent Variable does not cause a change in Independent Variable. Add your X and Y Variables. Select Labels. The Confidence Level is set at 95% Click OK. This is the Regression Analysis. Interpreting the Excel Output. Interpret the following: • R Square. • Adjusted R Square. • Standard Error. • ANOVA Table. • Coefficients Table. Click The Module 3 Case Reading: • “How to Perform Regression Analysis using Excel” to learn what the Output means. Discuss implications for management. Include workplace applications that may be implemented based on the findings. (Research Required). How to Run a Multiple Regression Analysis in Excel. • Click Data. • Data Analysis. • Scroll down to Regression. • Click OK. Add one dependent variable in the Y Range. Add two or more independent variables in the X Range. Hit OK. Interpret the output. Include research supported managerial implications just like the regress ion.