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 in Detroit 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
  • 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 Training in Detroit is a comprehensive course designed to provide participants with a deep understanding of regression analysis, a statistical technique used to model relationships between variables. Regression analysis plays a crucial role in data analysis, forecasting, and decision-making across various fields, including economics, finance, marketing, and social sciences.

Economists, Data Scientists, Market Researchers, and Business Analysts in Detroit should aim to master this subject to extract valuable insights from data, build predictive models, and make evidence-based decisions. The Regression Analysis Training equips them with the necessary knowledge and skills to harness the power of regression analysis, making it indispensable for those seeking to enhance their statistical and analytical expertise.The Knowledge Academy's 1-day Regression Analysis Course is designed to equip participants with the skills to perform robust regression analysis. It offers a blend of theoretical knowledge and practical application, ensuring a comprehensive understanding of both the concepts and their real-world uses.

Course Objectives

  • To understand the fundamental concepts and types of regression analysis
  • To develop skills to identify and quantify relationships between various data variables
  • To learn to use statistical software for performing regression analysis
  • To gain proficiency in interpreting and presenting regression results
  • To apply regression analysis techniques for predictive modelling and strategic decision-making

Upon completing Regression Analysis Training in Detroit, delegates will benefit from enhanced statistical and analytical skills, particularly in the context of data analysis and predictive modeling. They will be well-equipped to analyze data, build regression models, and make informed decisions based on data-driven insights.

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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 Detroit 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.

Detroit is the largest city in the state of Michigan, United States. It is located on the United States-Canada border and has a population of around 680,000 people. Denver’s growth is mostly to be credited to the expansion of the automobile industry as they supplied a lot of automotive support for the Allied powers during World War II. Detroit Public Schools govern 66,000 students and it is the largest district in Michigan. Detroit also has a population of charter school students at a rate of about 56,000 pupils. There are many private schools in Detroit including 110 Roman Catholic grade schools which are operated by the Archdiocese of Detroit. Detroit is home to many further education establishments including Wayne State University, University of Detroit Mercy, University of Detroit Mercy School of Law and Sacred Heart Major Seminary. Wayne State University is a national research university which focuses on medical and law majors but offers hundreds of other different academic programs. The University of Detroit Mercy is a Roman Catholic co-educational facility which is affiliated with Sisters of Mercy and Society of Jesus. It provides a wide variety of different academic degrees in a range of different subjects including dentistry, law, architecture and nursing. Sacred Heart Major Seminary is affiliated with the Pontifical University of Saint Thomas Aquinas, Angelicum in Rome. It was founded in 1919 and provides students with pontifical degrees and civil graduate or undergraduate degrees. Students are welcome to be clerical or lay. The University of Michigan was originally established in Detroit in 1817 but was then moved to Ann Arbor in 1837. Other further education facilities include the College for Creative Studies, Lewis College of Business and Marygrove College. The Michigan State University College of Osteopathic Medicine based in East Lansing also has a satellite campus based in the Detroit Medical Center. 

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Address

Detroit, Michigan

T: +1 7204454674

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 Detroit. 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 Detroit, 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.

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Accounting & Finance Training | Regression Analysis Training in Detroit FAQs

Regression Analysis is a statistical method used to explore relationships between variables. It aids in predicting outcomes, identifying patterns, and analysing how independent variables influence dependent variables across different domains.
This Regression Analysis Course enhances analytical skills, improves decision-making, and equips delegates to solve real-world problems using statistical models. It also boosts employability in data-driven roles and provides a solid foundation for advanced analytics.
Key topics in this Regression Analysis Training include simple and multiple regression, residual analysis, model validation, multicollinearity, logistic regression, and practical applications using statistical software. Hands-on exercises reinforce theoretical knowledge.
There are no formal prerequisites required for the Regression Analysis Training Course.
In this Regression Analysis Training, 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, ensuring you gain practical experience and in-depth knowledge.
This Regression Analysis Course is ideal for Data Analysts, Researchers, Business Professionals, and students seeking to enhance their understanding of statistical methods and apply regression analysis in their work or studies.
This Regression Analysis Training takes 1-day to complete during which delegates participate in intensive learning sessions that cover various course topics.
After this Regression Analysis Certification, you’ll gain skills in data modelling, hypothesis testing, predictive analysis, and interpreting regression outputs. These competencies enable better decision-making and data-driven problem-solving in various industries.
After the Regression Analysis Course, you can explore career opportunities like Data Analyst, Statistician, Business Analyst, Research Scientist, and Market Researcher, where regression analysis is crucial for making data-driven decisions and predictions.
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 typically involves tools like R, Python, SPSS, or Excel, which are widely used for statistical analysis, data visualisation, and predictive modelling in various professional settings.
Yes, we provide corporate training for this Regression Analysis Course, tailored to fit your organisation’s requirements.
The Knowledge Academy provides flexible self-paced training for this Regression Analysis Course. Self-paced training is beneficial for individuals who have an independent learning style and wish to study at their own pace and convenience for Regression Analysis Certification.
Brush up on basic statistics, algebra, and data analysis concepts. Familiarity with software like Excel or Python can help, though most courses include introductory tutorials for beginners.
Yes, after completing this Regression Analysis Course 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 Regression Analysis Training. Our customer support team is available to assist and promptly resolve any issues you may encounter.
The Knowledge Academy in Detroit 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 this Regression Analysis Training.
The training fees for Regression Analysis Trainingin Detroit starts from $1695
The Knowledge Academy is the Leading global training provider for Regression Analysis Training.
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