The expected prerequisites for this course include a prior working knowledge of Excel, introductory level algebra, and basic statistics. The techniques discussed are applied in all functional areas within business organizations including accounting, finance, human resource management, marketing, operations, and strategic planning. This course is designed for anyone who is interested in using data to gain insights and make better business decisions. We will use a practical predictive modeling software, XLMiner, which is a popular Excel plug-in. You’ll also learn how to summarize and visualize datasets using plots so that you can present your results in a compelling and meaningful way. To submit your rating and review, first get the app and let us know about your. You will learn how to carry out exploratory data analysis to gain insights and prepare data for predictive modeling, an essential skill valued in the business. By taking this course, you will form a solid foundation of predictive analytics, which refers to tools and techniques for building statistical or machine learning models to make predictions based on data. This course will introduce you to some of the most widely used predictive modeling techniques and their core principles. The add-on's Random Number Generation function uses the Mersenne Twister algorithm.Welcome to the second course in the Data Analytics for Business specialization! Main feature: The most common statistical analysis capabilities. It provides statistical analysis functionalities, including all 19 interactive functions from the Excel tool, plus an extra one logic regression. Results will generally match the Excel Analysis ToolPak, as seen in many textbooks, screen images and videos. XLMiner Analysis ToolPak is an add-on similar to Analysis ToolPak for Excel. T-Test: Two-Sample Assuming Unequal Variances T-Test: Two-Sample Assuming Equal Variances Sidebar input fields and output on the spreadsheet will be very familiar to Excel Analysis ToolPak users. The add-on provides all 19 interactive functions included in the Excel Analysis ToolPak, plus a 20th function often requested by users, logistic regression. With the XLMiner Analysis ToolPak Add-on, you can easily perform statistical analyses of the same types available in the Analysis ToolPak add-in that has been part of Microsoft Excel for over 20 years, and has been featured in large numbers of textbooks, videos, statistics courses and the like.
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