This second edition of Business Applications of Multiple Regression describes the use of the statistical procedure called multiple regression in business situations, including forecasting and understanding the relationships between variables. The book assumes a basic understanding of statistics but reviews correlation analysis and simple regression to prepare the reader to understand and use multiple regression. The techniques described in the book are illustrated using both Microsoft Excel and a professional statistical program. Along the way, several real-world data sets are analyzed in detail to better prepare the reader for working with actual data in a business environment. This book will be a useful guide to managers at all levels who need to understand and make decisions based on data analysis performed using multiple regression. It also provides the beginning analyst with the detailed understanding required to use multiple regression to analyze data sets.
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Southern Technology University
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Paperback. Condition: New. Second Edition. A basic understanding of multiple regression is helpful in carrying out good business practices-specifically in the areas of demand management and data analysis. This book on correlation and regression analysis will have a non-mathematical, applied, data-analytic approach. Readers will benefit from its practitioner language and frequent use of examples. Multiple regression is at the heart of business data analysis because it deals with explanations of why data behaves the way it does and correlations demonstrating this behavior. The applied emphasis of the book provides clear illustrations of these principles and offers complete examples of the types of applications that are possible, including how to arrive at basic forecasts when the absence of historical data makes more sophisticated forecasting techniques impossible, and how to carry out elementary data mining, which can be done using only Excel, without reliance on more specialized data mining software. Students and business readers will learn how to specify regression models that directly address their questions. Seller Inventory # LU-9781631570599
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