• Post category:StudyBullet-13
  • Reading time:5 mins read


Quick introduction to key regression techniques using the Excel Analysis ToolPak from an experienced MBA instructor

What you will learn

Identify links in business data using econometric techniques

Learn how to interpret regression output

Apply regression analyses in Excel using Analysis ToolPak

Build and test models for predictive analytics

Analyze continuous and discrete variables as well as time series data

Focus on examples and interpretation with a necessary minimum of theory

Description

There are many great Econometrics courses on Udemy which sell in thousands of copies. However, busy MBA students and professionals might not have time to learn programming to run econometric models in Python, R, Stata or Eviews. MS Excel, on the other hand, is a familiar and accessible tool which can be used for advanced data analytics.

In this concise course I have carefully selected the most important econometric tools and techniques that are really needed to understand the complicated relationships that exist in your data. Linear regression is the absolute must for data analysis and Analysis ToolPak is a simple yet powerful feature available in MS Excel. The key concepts used in this course have been distilled based on my experience with many groups of business students that I have taught in three MBA programs and many companies since 2014.

This course is built around the notion of linear regression – a fantastic tool that you can use to (i) identify the strength of the relationships between variables that might exist in your data, (ii) test whether these relationships are robust in a statistical sense, and (iii) use the model for prediction. Linear regression is a classic and robust method that is easy to understand and interpret; it is widely used in the industry, and it works with virtually any data (after certain modifications).

Improved English subtitles (not automatically generated)

تحليل البيانات في Excel مع ترجمة باللغة العربية


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Datenanalyse in Excel mit Untertiteln in deutscher Sprache

带有简体中文字幕的Excel中的数据分析

हिंदी भाषा में उपशीर्षक के साथ एक्सेल में डेटा विश्लेषण

한국어 자막으로 Excel 데이터 분석

Uchambuzi wa data huko Excel na manukuu kwa lugha ya Kiswahili

English
language

Content

Regression with Analysis ToolPak in MS Excel

Business applications of linear regression
Modelling binary variable and time series
First regression with Analysis ToolPak in Excel
Interpreting the results of the linear model
Business applications of linear regression

Qualitative Variables: will a customer churn?

Descriptive statistics, correlation, histograms in Excel
Qualitative variables in linear regression
Estimating the probability of customer churn in Excel
How to fix error messages when running regression in MS Excel
Qualitative variables in linear regression

Time Series: seasonal effects, trend and serial dependence

Time Series – seasonal effects and trend
Seasonal effects and trend in Excel
Time Series – lagged variables, exponential smoothing and moving average
Lagged variables, exponential smoothing and moving average in Excel
Time series applications in business