Simple Linear Regression Analysis For Beginners | Basic Predictive Analytics

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  • Опубликовано: 1 авг 2024
  • In this video, I'm going to teach you how to do simple linear regression analysis. This is a very useful tool for predicting how one variable affects another.
    If you're a beginner in statistics or predictive analytics, then this video is for you! I'll teach you the basic principles of linear regression analysis, and how to use it to predict how one variable affects another. By the end of this video, you'll be able to use simple linear regression to make predictions and analyze data!
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Комментарии • 27

  • @Seiffer55
    @Seiffer55 2 года назад +15

    Genuinely appreciate the content mate. You've helped me more than the vast majority of mentors I've had in my career.

    • @LearnBI
      @LearnBI  2 года назад

      You're very welcome! Thanks for the feedback, much appreciated!

  • @esme_____
    @esme_____ Год назад +2

    I landed a corporate job by working up the ladder in the operation side of the business, and while im a smart cookie, I never finished college and hated math in school. Your simple and practical videos help me keep toe to toe with people who have masters or MBAs. Thank you!!!!

  • @definitelynorandomvideos24
    @definitelynorandomvideos24 2 года назад +2

    This is one of the most helpful and brilliant channels I found in a whole while!

    • @LearnBI
      @LearnBI  2 года назад

      Thank you! ☺️

  • @AlexisRawlinson1980
    @AlexisRawlinson1980 5 месяцев назад

    This is a truly excellent video. Statistics made crystal clear for beginners and easily actionable in Excel.

  • @shravanchoudhary2425
    @shravanchoudhary2425 Год назад

    Been watching videos to understand linear regressions (non STEM) for quite sometime. Nobody could explain it in a simpler way. Thank you!

    • @LearnBI
      @LearnBI  Год назад

      You’re welcome!

  • @michaelingram8056
    @michaelingram8056 11 месяцев назад

    excellent stuff - if a thicko like me can follow along, you have got something right

  • @BoyangSun
    @BoyangSun Год назад

    this is amazing thank you. I watched the first 5 videos and this one is the truly the easiest to understand and grasp. thank you!

    • @LearnBI
      @LearnBI  Год назад

      You’re welcome!

  • @tarelakentebe465
    @tarelakentebe465 2 года назад +1

    So glad I found this channel

  • @prerakshah1459
    @prerakshah1459 2 года назад +1

    Gentleman, your explanation was awesome! Grateful to spend my 10 minutes :)

    • @LearnBI
      @LearnBI  2 года назад +1

      Glad you liked it!

  • @ronenTheBarbarian
    @ronenTheBarbarian 2 года назад

    Great Video, thank you!

    • @LearnBI
      @LearnBI  2 года назад

      Glad you liked it!

  • @bavakurejoseph4350
    @bavakurejoseph4350 Год назад

    Give us also stocastic and I thank u about this❤

  • @MariaCelesteAcostaDepalubos
    @MariaCelesteAcostaDepalubos Год назад

    This is very helpful, thank you. Do you have video on multiple linear regression?

    • @LearnBI
      @LearnBI  Год назад

      You're welcome. No, I don't have a video on multiple linear regression. Sorry.

  • @bondlavern
    @bondlavern 2 года назад +1

    You have explained in 10 minutes what certain Columbia University professors failed to explain in an entire semester. Dude, raise your hourly rate, please!

    • @LearnBI
      @LearnBI  2 года назад

      Great advice, I will! I’m glad you got value from the video 👍🏻

  • @smgt90
    @smgt90 2 года назад +1

    What would you say is a good R^2 value in real life data?

    • @LearnBI
      @LearnBI  2 года назад +4

      That's very subjective depending on the data. The R squared value represents the amount of the variation in the dependent variable that can be explained by the independent variable. If you've got a value of less than 0.5 then over half the variation will be unexplained which isn't great. Obviously, the higher the value the better.

  • @BoyangSun
    @BoyangSun Год назад

    Thumbs up for Lord Vader in the back.