Course information

Regression Analysis Training Course Outline

Module 1: Introduction

  • What is Regression Analysis?
  • Publicly Available Data Sets
  • Selected Application of Regression Analysis
  • Step in Regression Analysis

Module 2: Simple Linear Regression

  • Introduction
  • Covariance and Correlation Coefficient
  • Simple Linear Regression Model
  • Parameter Estimation
  • Test of Hypotheses
  • Confidence Intervals
  • Predictions
  • Measuring the Quality of Fit
  • Regression Line Through the Origin
  • Trivial Regression Models

Module 3: Multiple Linear Regression

  • Introduction
  • Description of the Data and Model
  • Parameter Estimation
  • Interpretations of Regression Coefficients
  • Centring and Scaling
  • Properties of the Least Squares Estimators
  • Multiple Correlation Coefficient
  • Inference for Individual Regression Coefficient
  • Test of Hypotheses in a Linear Model
  • Predictions

Module 4: Regression Diagnostics: Detection of Model Violations

  • Standard Regression Assumptions
  • Various Types of Residuals
  • Graphical Methods
  • Graphs Before Fitting a Model
  • Graphs After Fitting a Model
  • Checking Linearity and Normality Assumptions
  • Leverage, Influence, and Outliers
  • Measures of Influence
  • Potential-Residual Plot
  • What to do with the Outliers?
  • Role of Variables in a Regression Equation
  • Effects of an Additional Predictor

Module 5: Qualitative Variables as Predictors

  • Introduction
  • Salary Survey Data
  • Interaction Variables
  • System of Regression Equations
  • Other Application of Indicator Variables
  • Seasonality

Module 6: Transformation of Variables

  • Introduction
  • Transformations to Achieve Linearity
  • Bacteria Deaths Due to X-Ray Radiation
  • Transformations to Stabilise Variance
  • Detection of Heteroscedastic Errors
  • Removal of Heteroscedasticity
  • Weighted Least Squares
  • Logarithmic Transformation of Data
  • Power Transformation

Module 7: Problem of Correlated Errors

  • Introduction: Autocorrelation
  • Consumer Expenditure and Money Stock
  • Durbin-Watson Statistic
  • Removal of Autocorrelation by Transform
  • Iterative Estimation with Autocorrelated Errors
  • Autocorrelation and Missing Variables
  • Analysis of Housing Starts
  • Limitations of the Durbin-Watson Statistic
  • Indicator Variables to Remove Seasonal

Module 8: Working with Collinear Data

  • Principal Components
  • Computations Using Principal Components
  • Imposing Constraints
  • Searching for Linear Functions
  • Biased Estimation of Regression Coefficients
  • Principal Components Regression
  • Reduction of Collinearity in the Estimation Data
  • Constraints on the Regression Coefficients
  • Principal Components Regression: A Caution
  • Ridge Regression
  • Estimation by the Ridge Method
  • Ridge Regression: Some Remarks

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Who should attend this Regression Analysis Training Course?

The Regression Analysis Training Course aims to provide professionals with a comprehensive understanding of regression techniques and their application in various domains. This course can help various professionals, including:

  • Data Scientists
  • Data Analysts
  • Statisticians
  • Market Researchers
  • Economists
  • Social Scientists
  • Financial Analysts
  • Research Scholars

Prerequisites of the Regression Analysis Training Course

There are no formal prerequisites required for the Regression Analysis Training Course.

Regression Analysis Training Course Overview

Regression Analysis is a pivotal statistical method that enables examining the relationship between a dependent variable and one or more independent variables. This technique is vital across various fields for predicting outcomes, assessing trends, and making informed decisions. Its relevance spans economics, engineering, biological, and social sciences, proving essential for data-driven insights.

Proficiency in this Regression Analysis Training Course is indispensable for professionals who rely on data to guide decision-making processes. Data Scientists, Economists, Engineers, and Research Analysts must extract insights, predict trends, and optimise operations. Mastering this skill enables professionals to validate theories, influence policy decisions, and enhance business outcomes through robust analytical evidence.

This intensive 1-day Regression Analysis Training Course by The Knowledge Academy is designed to equip delegates with the foundational knowledge and practical skills in regression analysis. Delegates will learn to interpret and apply regression models to real-world data accurately, enhancing their analytical capabilities. The hands-on approach ensures that delegates can confidently utilise regression analysis to support evidence-based decision-making in their respective fields by the end of the session.

Course Objectives

  • To introduce the fundamentals of regression analysis and its applications
  • To demonstrate how to formulate and test hypotheses using regression models
  • To provide insight into selecting appropriate regression techniques for different types of data
  • To enhance the ability to interpret the results of regression analysis critically
  • To teach the application of regression analysis in predicting outcomes and trends

After completing this Regression Analysis Training, delegates will receive a certification in this training, affirming their competence in understanding and applying regression models. This certification enhances their professional profile and opens up opportunities for advanced roles in data analysis, research, and policymaking.

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What’s included in this Regression Analysis Training Course?

  • World-Class Training Sessions from Experienced Instructors
  • Regression Analysis Certificate
  • Digital Delegate Pack

Why choose us

Our Plymouth venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Plymouth is located within the county of Devon and has a population of around 250,000 inhabitants. The city is south west of London and is located on the river Plym and Tamar. Plymouth has been named the 30th most popular place to live in the United Kingdom. Plymouth is known for its shipping port by handling exports and imports, the city offers shipbuilding and major ferry links. There are around 8.9% inhabitants unemployed within Plymouth, the national average is 7.3%.The United Kingdom’s 9th largest university is the University of Plymouth with a staggering 26,000 students. The university has its main campus in Plymouth and several all over south west England. With around 2,000 staff members the university is the largest employer within the county. Students are offered graduate and undergraduate courses including, law, psychology, geographical science and computing.

Popular searched areas in and around Plymouth include:-

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Address

Plymouth

T: 01344203999

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Accounting & Finance Training | Regression Analysis Training in Plymouth. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Accounting & Finance Training | Regression Analysis Training in Plymouth, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Experience the most sought-after learning style with The Knowledge Academy's Accounting & Finance Training | Regression Analysis Training in Plymouth. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led Accounting & Finance Training | Regression Analysis Training in Plymouth sessions.

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Accounting & Finance Training | Regression Analysis Training in Plymouth FAQs

Regression Analysis is a statistical method used to examine the relationship between one or more independent variables and a dependent variable, aiding in predicting future outcomes or understanding associations in data.
Regression Analysis is crucial for business as it enables forecasting, identifies trends, and assesses the impact of variables on outcomes, aiding in informed decision-making and strategy formulation.
The Regression Analysis Training will cover key concepts such as linear regression, multiple regression, model diagnostics, interpreting coefficients, hypothesis testing, and regression assumptions, alongside practical applications in data analysis and forecasting using statistical software.
The Regression Analysis Course will be conducted through a blend of interactive lectures, hands-on exercises, and real-world case studies. Delegates will engage in practical sessions using statistical software, allowing them to apply regression techniques in various scenarios and receive personalised feedback from the instructor.
There are no formal prerequisites to attend this Regression Analysis Training Course.
In this Regression Analysis Course, delegates will have intensive training with our experienced instructors, a digital delegate pack consisting of important notes related to this course, and a certificate after course completion.
Regression Analysis Training takes 1-day to complete, during which delegates participate in intensive learning sessions that cover various course topics.
Through a Regression Analysis Certification, one can acquire skills in statistical modelling, data interpretation, hypothesis testing, predictive analysis, and mastery of regression tools, enhancing analytical and decision-making capabilities in various industries.
After completing a Regression Analysis Course, opportunities include Data Analyst, Financial Analyst, Market Research Analyst, Econometrician, and Statistical Consultant roles in sectors like Finance, Marketing, and Public Policy.
If you are unable to access your Regression Analysis Course, contact the support team at The Knowledge Academy via their customer service email or phone number provided on their website for prompt assistance and resolution of your issue.
The Regression Analysis Training will utilise statistical software such as R, Python (with libraries like Pandas, NumPy, and Statsmodels), and Excel to analyse regression. Delegates will gain hands-on experience with these tools to apply regression techniques effectively in real-world data scenarios.
Yes, you will have access to the course materials even after completing the training, allowing you to revisit the content, reinforce your learning, and apply the knowledge in your professional endeavours.
Focus on mastering key concepts such as linear regression, hypothesis testing, and model validation. Familiarise yourself with statistical software and practice with real-world datasets to enhance your hands-on skills and ensure you're well-prepared for practical applications.
Yes, after completing Regression Analysis Certification you will receive a certificate of completion to validate your achievement and demonstrate your proficiency in the course material.
Yes, The Knowledge Academy offers 24/7 support via phone & email before attending, during, and after the course. Our customer support team is available to assist and promptly resolve any issues you may encounter.
The Knowledge Academy in Plymouth stands out as a prestigious training provider known for its extensive course offerings, expert instructors, adaptable learning formats, and industry recognition. It's a dependable option for those seeking these Regression Analysis Courses.
The training fees for Regression Analysis Trainingin Plymouth starts from £995
The Knowledge Academy is the Leading global training provider for Regression Analysis Training.
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