返回到 Linear Regression for Business Statistics

4.8

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Regression Analysis is perhaps the single most important Business Statistics tool used in the industry. Regression is the engine behind a multitude of data analytics applications used for many forms of forecasting and prediction.
This is the fourth course in the specialization, "Business Statistics and Analysis". The course introduces you to the very important tool known as Linear Regression. You will learn to apply various procedures such as dummy variable regressions, transforming variables, and interaction effects. All these are introduced and explained using easy to understand examples in Microsoft Excel.
The focus of the course is on understanding and application, rather than detailed mathematical derivations.
Note: This course uses the ‘Data Analysis’ tool box which is standard with the Windows version of Microsoft Excel. It is also standard with the 2016 or later Mac version of Excel. However, it is not standard with earlier versions of Excel for Mac.
WEEK 1
Module 1: Regression Analysis: An Introduction
In this module you will get introduced to the Linear Regression Model. We will build a regression model and estimate it using Excel. We will use the estimated model to infer relationships between various variables and use the model to make predictions. The module also introduces the notion of errors, residuals and R-square in a regression model.
Topics covered include:
• Introducing the Linear Regression
• Building a Regression Model and estimating it using Excel
• Making inferences using the estimated model
• Using the Regression model to make predictions
• Errors, Residuals and R-square
WEEK 2
Module 2: Regression Analysis: Hypothesis Testing and Goodness of Fit
This module presents different hypothesis tests you could do using the Regression output. These tests are an important part of inference and the module introduces them using Excel based examples. The p-values are introduced along with goodness of fit measures R-square and the adjusted R-square. Towards the end of module we introduce the ‘Dummy variable regression’ which is used to incorporate categorical variables in a regression.
Topics covered include:
• Hypothesis testing in a Linear Regression
• ‘Goodness of Fit’ measures (R-square, adjusted R-square)
• Dummy variable Regression (using Categorical variables in a Regression)
WEEK 3
Module 3: Regression Analysis: Dummy Variables, Multicollinearity
This module continues with the application of Dummy variable Regression. You get to understand the interpretation of Regression output in the presence of categorical variables. Examples are worked out to re-inforce various concepts introduced. The module also explains what is Multicollinearity and how to deal with it.
Topics covered include:
• Dummy variable Regression (using Categorical variables in a Regression)
• Interpretation of coefficients and p-values in the presence of Dummy variables
• Multicollinearity in Regression Models
WEEK 4
Module 4: Regression Analysis: Various Extensions
The module extends your understanding of the Linear Regression, introducing techniques such as mean-centering of variables and building confidence bounds for predictions using the Regression model. A powerful regression extension known as ‘Interaction variables’ is introduced and explained using examples. We also study the transformation of variables in a regression and in that context introduce the log-log and the semi-log regression models.
Topics covered include:
• Mean centering of variables in a Regression model
• Building confidence bounds for predictions using a Regression model
• Interaction effects in a Regression
• Transformation of variables
• The log-log and semi-log regression models...

Dec 21, 2017

I have found Course 3 and 4 of this specialization to be challenging, but rewarding. It has helped me build confidence that I can do just about anything with data provided to increase positive impact.

Jul 12, 2019

I learned a lot.I gain confidence in analyzing data in Excel.I am happy that I have successfully completed it with simple understanding given on each topic.It was great help.Thank you very much

篩選依據：

創建者 U I L

•Dec 18, 2017

That would be better if the correct answer if being shown after passing the exam, because I can't able to learn from my mistakes

Great course !!!

創建者 Jose A A C

•Apr 15, 2019

I'd like to have more examples regarding Log-Log and the Semi-Log Regression Models and also Interaction Variables interpretations. Thanks a lot!

創建者 Dipak P P

•Jun 02, 2019

Very good course for regression

創建者 Jean-Philippe M

•Aug 12, 2019

Great course, great teacher!

創建者 Ekambaram D k

•Nov 22, 2019

Good course to know about basics of Linear regression

創建者 Liu P

•Oct 16, 2019

content, insightfulness, logics are very comprehensive and carefully designed, however, certain exam questions are questionally and arguably disgned.

創建者 Andrew A

•Jul 02, 2018

Overall a good course that cultivates skills in precise use of regression, data handling and understanding of applied business modelling problems.

創建者 Wesley B

•Dec 01, 2019

Material is kind of dry

創建者 Prince N X

•Jun 07, 2017

The course was very informative and I have learnt a lot.

創建者 Mihir M

•Oct 10, 2019

nicely explained

創建者 Colin P

•May 03, 2018

I found this course the most challenging of the courses in this certificate program, but also the most interesting b/c it the info. can be applied to real world scenarios. Though I do feel I know "enough to be dangerous". There is a lot of depth to linear regression techniques, which this course doesn't cover. But it did open my eyes to the power and possibilities of using linear regression techniques on real world problems.

創建者 Swati D

•Feb 07, 2018

Very Basic Course on Linear Regression. More advanced applications examples would have been helpful

創建者 James P W

•Feb 17, 2019

Needs more worked examples... good luck trying to get any useful feedback from the instructors/discussion board. Your definitely on your own...