Instructor for this course
more

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: September 18, 2018

Included In Certifications

This course is included in the following Expert Certifications:

15 CoursesCDAP (Certified 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

40 Reviews (306 ratings)Reviews

4
Anonymous Author
Program was direct, short, and to the point. It was helpful, but for people with a strong stats background it was review.
4
Anonymous Author
I thought this course was good because the example was very illustrative. It was a relatable example and had easy to explain instances and a small sample size.
4
Anonymous Author
This class was informative and beneficial to my progression as a professional. I would like to thank you for taking the time to teach me. Thank you.
5
Anonymous Author
this course taught me so much information that my brain is currently overloaded and I had to take an advil. so much rockin information!
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
This course was interesting and I really appreciate the inclusion of work being done on excel to help us visualize what we're learning
4
Anonymous Author
This course was short, sweet, and straight to the point. The material was interesting and it was easy to stay engaged throughout.
5
Anonymous Author
This lecture provided example of interpreting previous learned method. I feel like it is very helpful to understand the concept.
3
Anonymous Author
Decent look into regression, sample size of the data was unrealistically small which took away from the learning possibilities.
4
Anonymous Author
I enjoyed this lecture more than several of the previous ones as it was less repetitive and more hands on and demonstrative.
5
Member's Profile
Great lesson! Thoroughly enjoyed the content and how it was presented. I found it to be very insightful and rewarding.
5
Anonymous Author
Michael did a great job describing the importance of using big data analytics in a clear and concise manner.
5
Anonymous Author
The instructor was helpful in teaching the principals and techniques you can use in regression analysis.
4
Anonymous Author
Good course and taught the material well. I disliked how few questions there were on the final.
4
Anonymous Author
It was very helpful to see a live excel demonstration of how data can be analyzed in real time.
5
Member's Profile
Thank you for the course. Learned about interpreting data and analyzing data. Helpful course.
4
Anonymous Author
I thought this course was on par with the other courses in terms of easiness to understand.
5
Member's Profile
This course described the difference between univariate and multivariate data analysis.
5
Anonymous Author
Continues to build on the past courses well. I look forward to the next courses
5
Anonymous Author
This was a pretty basic overview of big data but still interesting and helpful.
5
Member's Profile
Great instructor and I would suggest this course to a college finance student
5
Anonymous Author
I was surprised to learn more tips about what all Excel has to offer.
4
Anonymous Author
Good course for learning how to use big data and vocab to go with it
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 course. Will be taking more courses. Will recommend.
4
Anonymous Author
The use of excel to go through the examples was helpful
3
Anonymous Author
The excel portion was helpful in understanding concepts
4
Anonymous Author
good continuation from his previous courses. well done
5
Member's Profile
Everything about this course was absolutely fantastic.
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