Correlation and Regression: Concepts with Illustrative examples

Hello Friends,
In this video, we are going to learn Correlation and Regression with the help of practical examples In Excel.
As seen in the last video, we can use scatter plots to understand the relationships between variables, but it is applied only for obvious relationships like Temperature and Viscosity. Sometimes, it is not possible to comment on the relationship between variables only by looking at the graph. In such a case, Correlation and Regression come into the picture.
The “CORRELATION & REGRESSION” are very important mathematical concepts to define the relationship between variables.
This video consists of the following points:
✅Introduction: Why Correlation and Regression are needed?
✅Correlation
✅Correlation Analysis
✅Correlation Coefficient
✅Calculation of Correlation Coefficient
✅Correlation Coefficient In Excel
✅Regression
✅Regression In Excel
✅R-Square value
✅Significance F and P-value
✅Coefficients
✅Residuals
✅Conclusion
✅Correlation and Regression

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0:00 Introduction
0:41 Correlation
1:56 Correlation Analysis
2:05 Correlation Coefficient
2:48 Calculation of Correlation Coefficient
3:06 Correlation Coefficient In Excel
4:28 Regression
5:45 Regression In Excel
6:40 R-Square
6:56 Significance F and P-value
7:41 Coefficients
8:08 Residuals
8:44 Conclusion
8:55 Correlation and Regression

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And finally, thank you for watching…

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Видео Correlation and Regression: Concepts with Illustrative examples канала LEARN & APPLY : Lean and Six Sigma