Forecasting - Linear regression - Example 1 - Part 1

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In this video, you will learn how to find the demand forecast using linear regression.

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This was taught at a perfect pace for me. Thank you for breaking every step down and explaining everything in great detail.

TheMightyLou

Great video. My textbook uses the same example you show.
I have to admit that instructional videos like this one make it much easier for me to understand the concepts, compared to what a face to face lecture can provide (noisy students, less than optimal viewing point, limited time for lecturing, and the inability to rewind the instructor as many times as you need).

giovannitran

Wow! Thanks for providing a clever explanation. Now I understand the equation y = mx + c (or for sometimes y = mx + b)

BillScottie

Very good teacher....may God bless you

najoweirene

Forecasting - Linear regression - Example 1 - part 1

maxusknowledge

amazing explanation, thank you so much. I will watch the video again and practice. Sir, I have a question, in a case that the quarters are in different amounts of money ($50, $30, and they don't follow any order as in your example (1, 2, 3...13, 14) how can we know the value of X to use it in the formula Y= a+bX?. Thanks in advance

ndChance

My notebook has been missing, and tomorrow is the exam. Thanks god I found this video.

MegaDapin

nice but from where did you get these equations that you used for your work??

IQ

I'm looking for an exact equation for "Linear Regression Extrapolation on Time-series spatial data". can anyone help me?

tamalsaha

How come formulae for y intercept and slope of regression line are different from other statistics book and video

victorpng

Here we arrived at an Equation Y=441.77+359.6X, , , , let's try for X=10, as per our existing data we must get Y=4500. But Y value comes lesser than this...Means we must include some error value...Please

debimishra_Banapur

Your troubles are gone, if you got a lot of money Trading gives you a chance to make this fantasy real

gmdvzfc

Is it possible to have a Mean Absolute Deviation in linear regression? if it is, how?

karenclairepayabyab

What if X goes the way like 40, 44, 48, 50, 52, 54, 56 in stead of starting from 1, 2, 3, , 45, 6, 7, 8? Will the procedure be different in that case?

shafeeabdallahhawk

sorry, but I still don't understand why the independent variable is a variation or figuring the dependent variable?

hacr_

Which method you are using sir for writing?

youareextraordinary

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