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Background Note
| HBS Case Collection
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2011
(Revised from original 2010 version)
Using Regression Analysis to Estimate Time Equations
by
Francisco de Asis Martinez-Jerez and Ariel Andres Blumenkranc
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Abstract
This note presents a simple way to estimate time equations using regression analysis in Excel. The note quickly outlines regression analysis, then presents a real-life case example from the natural gas industry that students can use to gain experience developing and interpreting the results of time equations.
Keywords: Accounting;
Activity Based Costing and Management;
Mathematical Methods;