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VIRTUAL TEAM TRAINING

Your Team,
Our Instructors
Anywhere, Anytime

Hands-on: Predictive Analytics with Excel—Linear Regression Made Easy

Duration: One Day Hands On or Half Day Lecture Only

Prerequisite: None

Course Outline

In this hands-on class, you will learn the fundamentals of applying linear regression to business data using Excel. In survey after survey, data professionals report linear regression is their go-to method for understanding and optimizing the business.

Using Excel’s out-of-the-box functionality makes linear regression analysis fun and easy—we promise!

After learning about the types of business problems that might benefit from linear regression analysis, we will teach you to use linear regression to answer interesting business questions such as:

  • If we spend more money here, how much uplift in the business should we expect?
  • What factors are most important in determining price/demand/supply?
  • Does the interaction of certain product features have a disproportionate effect?
  • Can we accurately predict future business performance?

Whether you are an Excel-based analyst looking to improve your skills or a manager interested in understanding the linear regression models produced by analytics teams, this is the class for you.

Want to know the best part? No programming or difficult mathematics are required!

You Will Learn

  • The types of business problems where linear regression can be useful
  • Why the arithmetic mean (a.k.a., the average) is a predictive model
  • How simple linear regression improves upon the arithmetic mean
  • How to use Excel to train simple linear regression models
  • Ways to use Excel to train multiple linear regression models
  • How to interpret linear regression models in terms of business drivers
  • Ways to evaluate the effectiveness of your linear regression models
  • How to communicate your insights effectively
  • Additional resources to extend your learning

Geared To

  • Business/data analysts
  • Database developers
  • BI/report developers
  • Managers
  • Anyone else interested in using linear regression for analyzing business data

Contact Us to Get Started Today

REQUEST INFORMATION

Yvonne Baho

Yvonne M. Baho Director, Enterprise Learning
Phone: 978.582.7105
Email: ybaho@tdwi.org

TDWI Course Catalog

Download Our
Course Catalog

Download Now

REQUEST INFORMATION

Yvonne Baho Yvonne M. Baho
Director, Enterprise Learning
Phone: 978.582.7105
E-mail: ybaho@tdwi.org
TDWI Course Catalog Download

Download Our Course Catalog

Download Now

Contact Us to Get Started Today