[excel] Quadratic and cubic regression in Excel

You need to use an undocumented trick with Excel's LINEST function:

=LINEST(known_y's, [known_x's], [const], [stats])

Background

A regular linear regression is calculated (with your data) as:

=LINEST(B2:B21,A2:A21)

which returns a single value, the linear slope (m) according to the formula:

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which for your data:

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is:

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Undocumented trick Number 1

You can also use Excel to calculate a regression with a formula that uses an exponent for x different from 1, e.g. x1.2:

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using the formula:

=LINEST(B2:B21, A2:A21^1.2)

which for you data:

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is:

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You're not limited to one exponent

Excel's LINEST function can also calculate multiple regressions, with different exponents on x at the same time, e.g.:

=LINEST(B2:B21,A2:A21^{1,2})

Note: if locale is set to European (decimal symbol ","), then comma should be replaced by semicolon and backslash, i.e. =LINEST(B2:B21;A2:A21^{1\2})

Now Excel will calculate regressions using both x1 and x2 at the same time:

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How to actually do it

The impossibly tricky part there's no obvious way to see the other regression values. In order to do that you need to:

  • select the cell that contains your formula:

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  • extend the selection the left 2 spaces (you need the select to be at least 3 cells wide):

    enter image description here

  • press F2

  • press Ctrl+Shift+Enter

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You will now see your 3 regression constants:

  y = -0.01777539x^2 + 6.864151123x + -591.3531443

Bonus Chatter

I had a function that I wanted to perform a regression using some exponent:

y = m×xk + b

But I didn't know the exponent. So I changed the LINEST function to use a cell reference instead:

=LINEST(B2:B21,A2:A21^F3, true, true)

With Excel then outputting full stats (the 4th paramter to LINEST):

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I tell the Solver to maximize R2:

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And it can figure out the best exponent. Which for you data:

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is:

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