One of the formulas supported by Microsoft Excel is the sum of squares equation. To calculate the sum of squares using Microsoft Excel, you need to input a specific formula into the formula bar of the ...

To calculate the sum of squares, subtract the mean from the data points, square the differences, and add them together. There are three types of sum of squares: total, residual, and regression.

How to Calculate Depreciation Using Excel. Two common ways of calculating depreciation are the straight-line and double declining balance methods. Excel can accomplish both using the SLN function ...