How to Do Residuals in Excel. Linear regression models predict the outcome of one variable based on the value of another, ... How to Use Microsoft Excel to Draw Control Charts and Graphs.

We can chart a regression in Excel by highlighting the data and charting it as a scatter plot. To add a regression line, choose "Add Chart Element" from the "Chart Design" menu.

Microsoft Excel 2010 comes with an expansion pack called the Analysis ToolPak that includes a number of analylitical tools, like the ability to create a liner regression table. Even though the ...