The New LINEST() DAX Function in Power BI - Regression Analysis Made Easy #regressionanalysis

preview_player
Показать описание
The new DAX function LINEST() is a new powerful tool in your Data Analysis skillset.

It is the easiest way to do Regression Analysis. And Regression Analysis is a fundamental concept in Data Science.

LINEST() function uses the Least Squares method to calculate a straight line that best fits the given data, then returns a table describing the line.

The equation for the line is of the form: y = Slope1*x1 + Slope2*x2 + ... + Intercept.

While we had this function in Excel for many years, only with this month update we have it in Power BI.

====CHAPTERS====
01:23 LINEST() documentation
02:40 LINEST table creation
03:20 Equation for linear regression
04:30 Parameters table (years)
07:07 Measure for selected years
08:13 2nd Equation for prediction

Here is the link to the pbix file:

#dax #powerbi #linest #dataanalysis #businessintelligence #linearregression #regressionanalysis
Рекомендации по теме
Комментарии
Автор

Man, I just want you to know, that I've just found your channel, I've just watch your video, hit the dumb buttom, suscribe to EVERY notification, and share your content with my people.

Really thanks for this amazing content; keep breaking it 🤙

angelmaravilla
Автор

great! very helpful video, thank you! My "Salary_Data" table is similar but also has a third column (object) which I need to filter in. The code to calculate SalaryEST, in fact, computes all mixed ebjects, even if I select a single object by a slicer from Salary_Data. Is there a simple solution without making X, Y table for each single object in Salary_Data?

Cirocarbone
Автор

Thanks for amazing video, If i have a column 'product' how i do a equation for each product? Because only did to all together.

rafaelfelipenovi
Автор

Missing items: standard errors values of coefficients, coefficient of determination, standard error of y estimate, f statistic, degree of freedom, regression sum of squares, residual sum of squares.... check excel help on linest.

p.j.
Автор

how about if the relationship is not linear?

adilmajeed