Naval Postgraduate School (NPS) “The Mother of All Guesses” – A User-Friendly Guide to Statistical Estimation

This five-step user's Guide to Statistical Estimation to statistical estimation is designed for individuals with little or no experience with regression modeling. The use of this powerful tool to make educated guesses is discussed in the context of a simple example in Microsoft Excel. The reader has three choices read the text and ignore the integrated example; read the text and the example; or, read the text and reproduce the example. After reading and working the example we hope you'll be motivated to create you own model predictions.