Reputation:
With reference to this regression line:
As shown in the bottom-right of this chart, the formula for the black regression line is:
y = 0.075ln(x) + 0.2775
How can I write this formula in Microsoft Excel, so that I can calculate y for any given value of x? (I tried calculating it using Excel help, however it did not give me the correct y values shown in the regression line chart linked above. But this could well be because I know little about regressions and nothing about logarithms.)
Upvotes: 1
Views: 12137
Reputation: 11893
Let's say you have a column of numbers in column B
, which represent your x values. They start on row 2
and go through row 11
. Then, in column C
row 2
you write =ln(B2)
and drag that down to C11
. In column D
row 2
you write =0.075*C2
and drag that down to D11
. Finally, in column E
row 2
you write =D2+0.2775
and drag that down to E11
. When you're done, the predicted y values for each x value will be in column E
. The predicted y value in a given row of E
will correspond to the x value in that same row in column B
.
This way you can see the calculation unfolding. If you prefer to do it in one formula, you would write =0.075*ln(B2)+0.2775
in column C
row 2
and drag it down to C11
.
Upvotes: 2