The software’s built-in functions and data analysis tools allow you to perform sophisticated analyses without the need for advanced programming skills. Building a Robust Regression Model in Excel ...

Simple linear regression is commonly used in forecasting and financial analysis—for a company to tell how a change in the GDP could affect sales, for example.

View all. Some tasks, such as exploratory data analysis, are best handled through Python or R programming. Python is designed for real-time calculations and Excel is better for advanced data ...