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r2 result in LINEST Excel 97 v Excel 2003
I use LINEST to derive a multiple regression formula in Excel 2003.
I have to share this with a client who uses Excel 97. While the results for the gradients (m) are the same, the coefficient of determination (r2) in Excel 97 is lower than that given in Excel 2003. The results are 0.87 and 0.97 respectively. Does anyone know why the two versions give different answers? Which if any is the more reliable calculation? Regards |
#2
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r2 result in LINEST Excel 97 v Excel 2003
In Excel 2003, LINEST (and some other stat functions) was improved. For
details, including why R2 differs in XL97 and XL2003, see http://support.microsoft.com/kb/828533 You may wish to see how the chart trendline formulas compare. best wishes -- Bernard V Liengme www.stfx.ca/people/bliengme remove caps from email "Philip J Smith" wrote in message ... I use LINEST to derive a multiple regression formula in Excel 2003. I have to share this with a client who uses Excel 97. While the results for the gradients (m) are the same, the coefficient of determination (r2) in Excel 97 is lower than that given in Excel 2003. The results are 0.87 and 0.97 respectively. Does anyone know why the two versions give different answers? Which if any is the more reliable calculation? Regards |
#3
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r2 result in LINEST Excel 97 v Excel 2003
That R2 would noticeably change without the coefficients noticeably changing
is surprising to me, unless you are forcing the intercept to zero, as in LINEST(ydata,xdata,FALSE,TRUE) If the intercept was forced to zero, then the R2 from pre-2003 versions of LINEST is known to be wrong, as discussed in part of the Knowledge Base article that Bernard referenced. If the intercept was not forced to zero, then I would be very interested in seeing the data. Jerry "Philip J Smith" wrote: I use LINEST to derive a multiple regression formula in Excel 2003. I have to share this with a client who uses Excel 97. While the results for the gradients (m) are the same, the coefficient of determination (r2) in Excel 97 is lower than that given in Excel 2003. The results are 0.87 and 0.97 respectively. Does anyone know why the two versions give different answers? Which if any is the more reliable calculation? Regards |
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