http://magentoexpert.co.uk/2009/04/21/installing-google-analytics-on-your-magento-stores/ easy as 22/7 or 3.142 if you are new money 
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thank you. don't mean to sound stupid but that makes little sense to me
1. Have a look at the post i did on Setting up GoogleAnalytics on my personal blog here: http://www.alunr.com/
2. go into your GoogleAnalytics Website Profile - choose Edit - and you should now have a page that reads "Profile Settings: yourdomain.co.uk" - to the right of that you'll see a link that says 'check status'. This page contains the code you need to copy and paste into the footer of ALL your pages.
It'll look something like this:
<script type="text/javascript">
var gaJsHost = (("https:" == document.location.protocol) ? "https://ssl." : "http://www.");
document.write(unescape("%3Cscript src='" + gaJsHost + "google-analytics.com/ga.js' type='text/javascript'%3E%3C/script%3E"));
</script>
<script type="text/javascript">
try {
var pageTracker = _gat._getTracker("UA-12345678-1");
pageTracker._trackPageview();
} catch(err) {}</script>
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