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DEMO - Excel Data Analysis: Forecasting

DEMO - Excel Data Analysis: Forecasting
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Uploader Date Added Views Rating
Superadmin 15.03.16 1,036 No Rating
Description
Professor Wayne Winston has taught advanced forecasting techniques to Fortune 500 companies for more than twenty years. In this course, he shows how to use Excel's data-analysis tools—including charts, formulas, and functions—to create accurate and insightful forecasts. Learn how to display time-series data visually; make sure your forecasts are accurate, by computing for errors and bias; use trendlines to identify trends and outlier data; model growth; account for seasonality; and identify unknown variables, with multiple regression analysis. A series of practice challenges along the way helps you test your skills and compare your work to Wayne's solutions.


Table of Contents

Introduction 3m 3s
1. Visually Displaying Your Time-Series Data 16m 56s
What is time-series data? 1m 10s
Plotting a time series 1m 45s
Understanding level in a time series 2m 26s
Understanding trend in a time series 1m 25s
Understanding seasonality in a time series 2m 34s
Understanding noise in a time series 1m 36s
Creating a moving average chart 3m 8s
Challenge: Analyze time-series data for airline miles 27s
Solution: Analyze time-series data for airline miles 2m 25s
2. How Good Are Your Forecasts? Errors, Accuracy, and Bias 29m 0s
Exploring why some forecasts are better than others 4m 31s
Computing the mean absolute deviation (MAD) 3m 54s
Computing the mean absolute percentage error (MAPE) 5m 29s
Calculating the sum of squared errors (SSE) 2m 39s
Computing forecast bias 3m 21s
Advanced forecast bias: Determining significance 3m 49s
Challenge: Compute MAD, MAPE, and SSE for an NFL game 36s
Solution: Compute MAD, MAPE, and SSE for an NFL game 4m 41s
3. Using a Trendline for Forecasting 28m 59s
Fitting a linear trend curve 2m 55s
Interpreting the trendline 1m 51s
Interpreting the R-squared value 4m 41s
Computing standard error of the regression and outliers 6m 10s
Exploring autocorrelation 6m 56s
Challenge: Create a trendline to analyze R squared and outliers 37s
Solution: Create a trendline to analyze R squared and outliers 5m 49s
4. Modeling Exponential Growth and Compound Annual Growth Rate (CAGR) 17m 25s
When does a linear trend fail? 5m 19s
Creating an exponential trend curve 5m 31s
Computing compound annual growth rate (CAGR) 2m 45s
Challenge: Fit an exponential growth curve, estimate CAGR, and forecast revenue 41s
Solution: Fit an exponential growth curve, estimate CAGR, and forecast revenue 3m 9s
5. Seasonality and the Ratio-to-Moving-Average Method 28m 22s
What is a seasonal index? 4m 23s
Introducing the ratio-to-moving-average method 1m 47s
Computing the centered moving average 4m 7s
Calculating seasonal indices 4m 22s
Estimating a series trend 2m 4s
Forecasting sales 5m 6s
Forecasting if the series trend is changing 3m 8s
Challenge: Predicting future quarterly sales 37s
Solution: Predicting future quarterly sales 2m 48s
6. Forecasting with Multiple Regressions 1h 1m
What is multiple regression? 6m 2s
Preparing data for multiple regression 9m 7s
Running a multiple linear regression 2m 32s
Finding the multiple-regression equation and testing for significance 9m 15s
How good is the fit of the trendline? 5m 51s
Making forecasts from a multiple-regression equation 4m 17s
Validating a multiple-regression equation using the TREND function 9m 24s
Interpreting regression coefficients 4m 27s
Challenge: Regression analysis of Amazon.com revenue 1m 24s
Solution: Regression analysis of Amazon.com revenue 9m 13s
Conclusion 1m 48s
Next steps 1m 48s

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