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This course prepares participants to review, analyze, and make decisions based on results from business intelligence projects. The course covers reading and interpreting regression analysis. The course also gives participants the skills to critically analyze and identify potential limitations on analysis. The course also covers predicting changes in business outcomes based on analysis and identifying the level of certainty or confidence around those predictions. This paves the way for future detailed courses in predictive analytics.

***Please download and open all supporting materials before starting the course videos.***

Learning Objectives


  • Recognize univariate statistics and differences between statistics

  • Recognize coefficients on regression analysis

  • Identify precision of coefficient estimates based on confidence intervals

  • Identify driving factors of a business outcome based on statistical significance

  • Recognize the differences between statistically and economically significant coefficients

  • Explore limitations on specific statistical tests used in business intelligence 


Last updated/reviewed: July 14, 2017

Included In Certifications

This course is included in the following Expert Certifications:

15 CoursesCertified Data Analyst Professional

  1. The Fundamentals of Business Intelligence (BI): What it Does and Why it's so Essential
  2. How is Industry Using Big Data? – A Case Study Reading
  3. Business Intelligence - Data Collection and Cleaning
  4. Business Intelligence - Structuring Data for Analysis
  5. Business Intelligence - Fundamentals of Data Analysis
  6. Business Intelligence - Using Big Data Analytics
  7. Doing Data Analytics In Excel (Hands-on module)
  8. Regressions in Excel (Hands-on module)
  9. Financial Forecasting
  10. Advanced Analytics – Omitted Variables
  11. Advanced Analytics – Fixed Effects
  12. Case Study in Data Analytics
  13. Using Regressions for Forecasting
  14. Financial Forecasting in Excel (Hands-on module)
  15. Blockchain for Business

18 Reviews (68 ratings)Reviews

3
Member's Profile
good material on the different tests. I need to review the lesson a couple of times to fully understand the good points made in it.
5
Member's Profile
Great lesson! Thoroughly enjoyed the content and how it was presented. I found it to be very insightful and rewarding.
4
Anonymous Author
Good course and taught the material well. I disliked how few questions there were on the final.
4
Anonymous Author
I thought this course was on par with the other courses in terms of easiness to understand.
5
Member's Profile
Great instructor and I would suggest this course to a college finance student
5
Anonymous Author
Great course. It really helped my understanding of data analysis.
5
Member's Profile
Nice addition to the Business Intelligence videos and slides.
5
Member's Profile
Excellent course! Very useful material to have knowledge of
4
Anonymous Author
good continuation from his previous courses. well done
5
Anonymous Author
relative material
5
Member's Profile
Nice, quick course
3
Anonymous Author
good overview
5
Member's Profile
Great Lesson!
5
Anonymous Author
Great Course!
4
Anonymous Author
Great Course!
5
Anonymous Author
Great course
5
Member's Profile
Very Good!
3
Member's Profile
Hmm

Prerequisites

Course Complexity: Intermediate

No Advanced Preparation or Prerequisites are needed for this course. However, it is recommended to take the other courses in the series prior to completing this one.

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION and OVERVIEW
Applying and Using Data Analysis
  3:02Overview of Interpreting Data
  11:09Interpreting Univariate Analysis
  6:10Interpreting Regressions
  3:24Economic Significance Analysis
CONCLUSION
  5:40Analysis Limitations and Conclusion
CONTINUOUS PLAY
  30:37Business Intelligence – Applying and Using Data Analysis
SUPPORTING MATERIALS
  PDFSlides: Applying and Using Data Analysis
  PDFApplying and Using Data Analysis Glossary/Index
  XLSSample Data
REVIEW and TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM