Correlation and regression

Important to know:
The course video is English with Romanian subtitles and test questions are in Romanian.

Overview

Predictive analysis involves widely accepted tools and techniques that enable organizations to make informed decisions about potential future events. Examine how correlation and regression are used in predictive analysis.

 

Objectives

  • Identify key characteristics of correlation
  • Recognize how correlation is used in predictive analysis
  • Recognize when correlation indicates causality and when not
  • Distinguish between statistical and practical significance
  • Recognize the role of regression in predictive analysis
  • Identify how predictive power can be assessed model using the r-square metric
  • recognize the key features of logistic regression
  • identify the correct regression technique to use in a given situation

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Enrolled: 7 students
Video: 00:26:38
Level: Intermediate

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