Certificate Regression Analysis for Business
-- ViewingNowThe Certificate Regression Analysis for Business is a comprehensive course that equips learners with the essential skills to analyze and interpret business data using regression analysis techniques. This certification is crucial for professionals looking to make data-driven decisions in their organizations, as it provides a solid understanding of the relationships between different business variables.
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โข Introduction to Regression Analysis – Types of regression, simple and multiple linear regression, assumptions and conditions.
โข Data Preparation for Regression Analysis – Data collection, cleaning, transforming and coding variables, creating dummy variables.
โข Correlation Analysis – Understanding correlation, correlation measures, partial correlation, correlation vs causation.
โข Simple Linear Regression – Simple regression model, least squares method, estimating regression coefficients, residual analysis.
โข Multiple Linear Regression – Multiple regression model, estimating regression coefficients, multicollinearity, residual analysis.
โข Assessing Model Fit – Model fit statistics, coefficient of determination (R-squared), adjusted R-squared.
โข Model Selection and Validation – Model selection criteria, stepwise selection, cross-validation, bootstrapping.
โข Regression Diagnostics – Checking model assumptions, identifying influential data points, outlier detection.
โข Predictive Modeling using Regression – Building predictive models, accuracy assessment, using regression in business decision making.
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