Advanced Regression In Excel The Excel Statistical Master

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Advanced Regression in Excel - The Excel Statistical Master

Author : Mark Harmon
Publisher : Mark Harmon
ISBN 13 : 0983307067
Total Pages : 54 pages
Book Rating : 4.9/5 (833 download)

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Book Synopsis Advanced Regression in Excel - The Excel Statistical Master by : Mark Harmon

Download or read book Advanced Regression in Excel - The Excel Statistical Master written by Mark Harmon and published by Mark Harmon. This book was released on 2011-02-22 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: 50 pages of complete step-by-step instructions and videos showing exactly how to perform a variety of advanced regression techniques and how to do them all in Excel. Some of these advanced regression techniques include nonlinear regression, logistic regression, and dummy-variable regression. This e-manual will also clearly explain all of the steps of a regression and how to quickly read the output of regression done in Excel. This e-manual is loaded with completed examples, screenshots, and videos of the advanced regression techniques all being performed in Excel. The instructions, screenshots, and videos are clear and easy-to-follow but at the graduate level. If you are currently taking a difficult graduate-level statistics course that covers advanced regression techniques such as nonlinear regression, logistic regression, or dummy-variable regression, you will find this e-manual to be an outstanding course supplement that will explain these advanced regression techniques much more clearly than your textbook does. If you are a business manager, you will really appreciate how easily and clearly this e-manual will show you how you can perform these advanced regression techniques in Excel to solve difficult statistical problems on your job. Nonlinear regression, logistic regression, and dummy-variable regression are extremely useful in business, but are not widely understood. For example, you can use logistic regression to accurately calculate the probability that your next customer will make a purchase. That use of logistic regression is covered in detail in this e-manual. A detailed model of dummy-variable regression is provided in the e-manual which shows how to calculate how important each attribute of your product is to your customers. Not many people have a working knowledge of these advanced and useful regression techniques. You will. This e-manual will make you an Excel Statistical Master of nonlinear regression, logistic regression, and dummy-variable regression.

Practical and Clear Graduate Statistics in Excel - The Excel Statistical Master

Author : Mark Harmon
Publisher : Mark Harmon
ISBN 13 : 0983307083
Total Pages : pages
Book Rating : 4.9/5 (833 download)

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Book Synopsis Practical and Clear Graduate Statistics in Excel - The Excel Statistical Master by : Mark Harmon

Download or read book Practical and Clear Graduate Statistics in Excel - The Excel Statistical Master written by Mark Harmon and published by Mark Harmon. This book was released on 2011-03-16 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Complete and practical yet easy-to-understand graduate-level statistics course with all of the problems worked out in Excel. Thoroughly covers all topics of an intense graduate statistics course using nothing but step-by-step, simple explanations. Loaded with completed, real-world problems all in Excel, this e-manual is an outstanding supplement to a graduate statistics course. Very clear explanations are used to show exactly how the Excel formulas integrate with the statistical frameworks being applied. The reader will learn how to master and apply graduate-level statistics much faster than a student in a normal graduate statistics course because this e-manual's emphasis is entirely on problem solving, not on useless, forgettable theory that fills up many statistics courses. This e-manual achieves two goals: teaching graduate-level statistical frameworks in an easy-to-understand way and then showing how to implement all of it in Excel. The widely-used Microsoft Excel program provides a very simple but incredibly complete platform to perform heavy-duty, advanced statistical analysis. All other statistical software packages, such as Minitab, SyStat, and SPSS, are expensive, require lots of user training, and expect that the user is an expert statistician right from the start. Not this e-manual nor Microsoft Excel. The ability to perform graduate-level statistics in Excel is an extremely useful and powerful tool for any graduate statistics student and business manager. Homework assignments can be quickly checked with Excel. Once difficult statistical business problems are now readily solvable in Excel. The easy-to-follow frameworks in this e-manual can be cleanly and swiftly duplicated in the real world and on statistics exams by hand (without Excel) right away. The lessons are all in bite-size chunks that are quickly absorbed for immediate use. More than half of the lessons in this e-manual are supplemented with step-by-step videos for more convenient learning. Some of the major topics covered in detail include regression, ANOVA, hypothesis tests, confidence intervals, combinations, permutations, correlation, covariance, t-tests, histograms, and charting. This e-manual also contains two complete chapters with numerous videos showing exactly how to create user-interactive graphs of the 10 major distributions in Excel. These user-interactive Excel graphs allow the user to vary the cells containing all of the distribution's parameters, such as mean, standard deviation, and degrees of freedom, and watch the graphed distribution instantly change right on the spreadsheet to conform to the new parameters. This is an excellent and unique tool to fully grasp the functionality of the distributions discussed in this e-manual. All problem-solving techniques are presented as step-by-step frameworks that can be readily applied to similar problems, not as seemingly unrelated and difficult-to-apply statistical theorems like most statistics course do. A number of problem-solving techniques are presented in this e-manual that do not appear in any other statistical text. One example of a statistical technique presented only in this e-manual and nowhere else is a detailed description showing how to solve every type of hypothesis test using the same four steps. A number of widely-used and complicated statistical tests, such as the chi-square independence test, the chi-square population variance test, and conjoint analysis using dummy variable regression are described from top to bottom and also in Excel. Graduate statistics students and business managers will find this e-manual to be, by far, the easiest and fastest way to master graduate-level statistics and to apply advanced statistics in Excel to solve difficult, real-world problems, homework assignments, and exam questions. The reader of this e-manual will quickly become an Excel Statistical Master.

Business Analysis with Microsoft Excel

Author : Conrad George Carlberg
Publisher : Que Publishing
ISBN 13 : 9780789725523
Total Pages : 510 pages
Book Rating : 4.7/5 (255 download)

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Book Synopsis Business Analysis with Microsoft Excel by : Conrad George Carlberg

Download or read book Business Analysis with Microsoft Excel written by Conrad George Carlberg and published by Que Publishing. This book was released on 2002 with total page 510 pages. Available in PDF, EPUB and Kindle. Book excerpt: Take control of the bottom line using expert techniques and Excel's powerful financial capabilities! Whether you own a small business or work for a large corporation; whether you are looking for help making financial and business decisions -- this book is for you. Business Analysis with Microsoft Excel, Second Editionprovides in-depth information that will maximize your use of the tools within Excel. Professional advice and guidance from an experienced author provide the answers to your most pressing questions.

Regression Analysis Microsoft Excel

Author : Conrad Carlberg
Publisher : Que Publishing
ISBN 13 : 013439352X
Total Pages : 511 pages
Book Rating : 4.1/5 (343 download)

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Book Synopsis Regression Analysis Microsoft Excel by : Conrad Carlberg

Download or read book Regression Analysis Microsoft Excel written by Conrad Carlberg and published by Que Publishing. This book was released on 2016-05-02 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is today’s most complete guide to regression analysis with Microsoft® Excel for any business analytics or research task. Drawing on 25 years of advanced statistical experience, Microsoft MVP Conrad Carlberg shows how to use Excel’s regression-related worksheet functions to perform a wide spectrum of practical analyses. Carlberg clearly explains all the theory you’ll need to avoid mistakes, understand what your regressions are really doing, and evaluate analyses performed by others. From simple correlations and t-tests through multiple analysis of covariance, Carlberg offers hands-on, step-by-step walkthroughs using meaningful examples. He discusses the consequences of using each option and argument, points out idiosyncrasies and controversies associated with Excel’s regression functions, and shows how to use them reliably in fields ranging from medical research to financial analysis to operations. You don’t need expensive software or a doctorate in statistics to work with regression analyses. Microsoft Excel has all the tools you need—and this book has all the knowledge! Understand what regression analysis can and can’t do, and why Master regression-based functions built into all recent versions of Excel Work with correlation and simple regression Make the most of Excel’s improved LINEST() function Plan and perform multiple regression Distinguish the assumptions that matter from the ones that don’t Extend your analysis options by using regression instead of traditional analysis of variance Add covariates to your analysis to reduce bias and increase statistical power

Statistical Analysis

Author : Conrad Carlberg
Publisher : Que Publishing
ISBN 13 : 0133823997
Total Pages : 714 pages
Book Rating : 4.1/5 (338 download)

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Book Synopsis Statistical Analysis by : Conrad Carlberg

Download or read book Statistical Analysis written by Conrad Carlberg and published by Que Publishing. This book was released on 2014-04-04 with total page 714 pages. Available in PDF, EPUB and Kindle. Book excerpt: Use Excel 2013’s statistical tools to transform your data into knowledge Conrad Carlberg shows how to use Excel 2013 to perform core statistical tasks every business professional, student, and researcher should master. Using real-world examples, Carlberg helps you choose the right technique for each problem and get the most out of Excel’s statistical features, including recently introduced consistency functions. Along the way, he clarifies confusing statistical terminology and helps you avoid common mistakes. You’ll learn how to use correlation and regression, analyze variance and covariance, and test statistical hypotheses using the normal, binomial, t, and F distributions. To help you make accurate inferences based on samples from a population, this edition adds two more chapters on inferential statistics, covering crucial topics ranging from experimental design to the statistical power of F tests. Becoming an expert with Excel statistics has never been easier! You’ll find crystal-clear instructions, insider insights, and complete step-by-step projects—all complemented by extensive web-based resources. Master Excel’s most useful descriptive and inferential statistical tools Tell the truth with statistics—and recognize when others don’t Accurately summarize sets of values Infer a population’s characteristics from a sample’s frequency distribution Explore correlation and regression to learn how variables move in tandem Use Excel consistency functions such as STDEV.S() and STDEV.P() Test differences between two means using z tests, t tests, and Excel’s Data Analysis Add-in Use ANOVA to test differences between more than two means Explore statistical power by manipulating mean differences, standard errors, directionality, and alpha Take advantage of Recommended PivotTables, Quick Analysis, and other Excel 2013 shortcuts

Statistical Analysis

Author : Conrad Carlberg
Publisher : Que Publishing
ISBN 13 : 0134840488
Total Pages : 825 pages
Book Rating : 4.1/5 (348 download)

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Book Synopsis Statistical Analysis by : Conrad Carlberg

Download or read book Statistical Analysis written by Conrad Carlberg and published by Que Publishing. This book was released on 2017-11-15 with total page 825 pages. Available in PDF, EPUB and Kindle. Book excerpt: USE EXCEL’S STATISTICAL TOOLS TO TRANSFORM YOUR DATA INTO KNOWLEDGE Nationally recognized Excel expert Conrad Carlberg shows you how to use Excel 2016 to perform core statistical tasks every business professional, student, and researcher should master. Using real-world examples and downloadable workbooks, Carlberg helps you choose the right technique for each problem and get the most out of Excel’s statistical features. Along the way, he clarifies confusing statistical terminology and helps you avoid common mistakes. You’ll learn how to use correlation and regression, analyze variance and covariance, and test statistical hypotheses using the normal, binomial, t, and F distributions. To help you make accurate inferences based on samples from a population, Carlberg offers insightful coverage of crucial topics ranging from experimental design to the statistical power of F tests. Updated for Excel 2016, this guide covers both modern consistency functions and legacy compatibility functions. Becoming an expert with Excel statistics has never been easier! In this book, you’ll find crystal-clear instructions, insider insights, and complete step-by-step guidance. Master Excel’s most useful descriptive and inferential statistical tools Understand how values cluster together or disperse, and how variables move or classify jointly Tell the truth with statistics—and recognize when others don’t Infer a population’s characteristics from a sample’s frequency distribution Explore correlation and regression to learn how variables move in tandem Use Excel consistency functions such as STDEV.S( ) and STDEV.P( ) Test differences between two means using z tests, t tests, and Excel’s Data Analysis Add-in Identify skewed distributions using Excel’s new built-in box-and-whisker plots and histograms Evaluate statistical power and control risk Explore how randomized block and split plot designs alter the derivation of F-ratios Use coded multiple regression analysis to perform ANOVA with unbalanced factorial designs Analyze covariance with ANCOVA, and properly use multiple covariance Take advantage of Recommended PivotTables, Quick Analysis, and other Excel 2016 shortcuts

Confidence Intervals in Excel - The Excel Statistical Master

Author : Mark Harmon
Publisher : Mark Harmon
ISBN 13 : 0983307016
Total Pages : 35 pages
Book Rating : 4.9/5 (833 download)

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Book Synopsis Confidence Intervals in Excel - The Excel Statistical Master by : Mark Harmon

Download or read book Confidence Intervals in Excel - The Excel Statistical Master written by Mark Harmon and published by Mark Harmon. This book was released on 2011-02-14 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Complete step-by-step e-manual showing exactly how and when to create confidence intervals in Excel. This e-manual will make you an expert on doing both types of confidence intervals (intervals of mean and intervals of proportion) and how to set them up in Excel. This e-manual is loaded with completed problems and screenshots in Excel of nearly all major variations of confidence intervals. The instructions are clear and easy-to-follow but at the graduate level. If you are currently taking a difficult graduate-level statistics course that covers confidence intervals, you will find this e-manual to be an outstanding course supplement that will explain confidence intervals much more clearly than your textbook does. If you are a business manager, you will really appreciate how easily and clearly this e-manual will show you how you can create confidence intervals in Excel to solve difficult statistical problems on your job. This e-manual will make you an Excel Statistical Master of the confidence interval.

Advanced Regression Models with SAS and R

Author : Olga Korosteleva
Publisher : CRC Press
ISBN 13 : 1351690086
Total Pages : 325 pages
Book Rating : 4.3/5 (516 download)

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Book Synopsis Advanced Regression Models with SAS and R by : Olga Korosteleva

Download or read book Advanced Regression Models with SAS and R written by Olga Korosteleva and published by CRC Press. This book was released on 2018-12-07 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advanced Regression Models with SAS and R exposes the reader to the modern world of regression analysis. The material covered by this book consists of regression models that go beyond linear regression, including models for right-skewed, categorical and hierarchical observations. The book presents the theory as well as fully worked-out numerical examples with complete SAS and R codes for each regression. The emphasis is on model accuracy and the interpretation of results. For each regression, the fitted model is presented along with interpretation of estimated regression coefficients and prediction of response for given values of predictors. Features: Presents the theoretical framework for each regression. Discusses data that are categorical, count, proportions, right-skewed, longitudinal and hierarchical. Uses examples based on real-life consulting projects. Provides complete SAS and R codes for each example. Includes several exercises for every regression. Advanced Regression Models with SAS and R is designed as a text for an upper division undergraduate or a graduate course in regression analysis. Prior exposure to the two software packages is desired but not required. The Author: Olga Korosteleva is a Professor of Statistics at California State University, Long Beach. She teaches a large variety of statistical courses to undergraduate and master’s students. She has published three statistical textbooks. For a number of years, she has held the position of faculty director of the statistical consulting group. Her research interests lie mostly in applications of statistical methodology through collaboration with her clients in health sciences, nursing, kinesiology, and other fields.

Statistical Analysis

Author : Conrad George Carlberg
Publisher : Que Publishing
ISBN 13 : 9780789759054
Total Pages : 552 pages
Book Rating : 4.7/5 (59 download)

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Book Synopsis Statistical Analysis by : Conrad George Carlberg

Download or read book Statistical Analysis written by Conrad George Carlberg and published by Que Publishing. This book was released on 2018 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carlberg shows how to use Excel 2016 to perform core statistical tasks every business professional, student, and researcher should master. Using real-world examples, Carlberg helps users choose the right technique for each problem and get the most out of Excel's statistical features, including recently introduced consistency functions.

Statistical Analysis

Author : Conrad Carlberg
Publisher : Pearson Education
ISBN 13 : 0789753111
Total Pages : 512 pages
Book Rating : 4.7/5 (897 download)

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Book Synopsis Statistical Analysis by : Conrad Carlberg

Download or read book Statistical Analysis written by Conrad Carlberg and published by Pearson Education. This book was released on 2014 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shows how to use Excel 2013 to perform core functions every business professional, student, and researcher should master.

Statistical Analysis

Author : Conrad Carlberg
Publisher : Pearson Education
ISBN 13 : 0132681919
Total Pages : 426 pages
Book Rating : 4.1/5 (326 download)

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Book Synopsis Statistical Analysis by : Conrad Carlberg

Download or read book Statistical Analysis written by Conrad Carlberg and published by Pearson Education. This book was released on 2011-04-22 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statistical Analysis: Microsoft Excel 2010 “Excel has become the standard platform for quantitative analysis. Carlberg has become a world-class guide for Excel users wanting to do quantitative analysis. The combination makes Statistical Analysis: Microsoft Excel 2010 a must-have addition to the library of those who want to get the job done and done right.” —Gene V Glass, Regents’ Professor Emeritus, Arizona State University Use Excel 2010’s statistical tools to transform your data into knowledge Use Excel 2010’s powerful statistical tools to gain a deeper understanding of your data, make more accurate and reliable inferences, and solve problems in fields ranging from business to health sciences. Top Excel guru Conrad Carlberg shows how to use Excel 2010 to perform the core statistical tasks every business professional, student, and researcher should master. Using real-world examples, Carlberg helps you choose the right technique for each problem and get the most out of Excel’s statistical features, including its new consistency functions. Along the way, you discover the most effective ways to use correlation and regression and analysis of variance and covariance. You see how to use Excel to test statistical hypotheses using the normal, binomial, t and F distributions. Becoming an expert with Excel statistics has never been easier! You’ll find crystal-clear instructions, insider insights, and complete step-by-step projects—all complemented by an extensive set of web-based resources. • Master Excel’s most useful descriptive and inferential statistical tools • Tell the truth with statistics, and recognize when others don’t • Accurately summarize sets of values • View how values cluster and disperse • Infer a population’s characteristics from a sample’s frequency distribution • Explore correlation and regression to learn how variables move in tandem • Understand Excel’s new consistency functions • Test differences between two means using z tests, t tests, and Excel’s Data Analysis Add-in • Use ANOVA and ANCOVA to test differences between more than two means • Explore statistical power by manipulating mean differences, standard errors, directionality, and alpha There is an Excel workbook for each chapter, and each worksheet is keyed to one of the book's figures. You'll also find additional material, such as a chart that demonstrates how statistical power shifts as you manipulate sample size, mean differences, alpha and directionality. To access these free files, please visit http://www.quepublishing.com/title/0789747200 and click the Downloads Tab.

Microsoft Excel 2013 Data Analysis and Business Modeling

Author : Wayne Winston
Publisher : Pearson Education
ISBN 13 : 0735681074
Total Pages : 1167 pages
Book Rating : 4.7/5 (356 download)

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Book Synopsis Microsoft Excel 2013 Data Analysis and Business Modeling by : Wayne Winston

Download or read book Microsoft Excel 2013 Data Analysis and Business Modeling written by Wayne Winston and published by Pearson Education. This book was released on 2014-01-15 with total page 1167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master business modeling and analysis techniques with Microsoft Excel 2013, and transform data into bottom-line results. Written by award-winning educator Wayne Winston, this hands-on, scenario-focused guide shows you how to use the latest Excel tools to integrate data from multiple tables—and how to effectively build a relational data source inside an Excel workbook. Solve real business problems with Excel—and sharpen your edge Summarize data with PivotTables and Descriptive Statistics Explore new trends in predictive and prescriptive analytics Use Excel Trend Curves, multiple regression, and exponential smoothing Master advanced Excel functions such as OFFSET and INDIRECT Delve into key financial, statistical, and time functions Make your charts more effective with the Power View tool Tame complex optimization problems with Excel Solver Run Monte Carlo simulations on stock prices and bidding models Apply important modeling tools such as the Inquire add-in

Microsoft Excel Data Analysis and Business Modeling (Office 2021 and Microsoft 365)

Author : Wayne Winston
Publisher : Microsoft Press
ISBN 13 : 0137613679
Total Pages : 1788 pages
Book Rating : 4.1/5 (376 download)

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Book Synopsis Microsoft Excel Data Analysis and Business Modeling (Office 2021 and Microsoft 365) by : Wayne Winston

Download or read book Microsoft Excel Data Analysis and Business Modeling (Office 2021 and Microsoft 365) written by Wayne Winston and published by Microsoft Press. This book was released on 2021-12-17 with total page 1788 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master business modeling and analysis techniques with Microsoft Excel and transform data into bottom-line results. Award-winning educator Wayne Winston's hands-on, scenario-focused guide helps you use today's Excel to ask the right questions and get accurate, actionable answers. More extensively updated than any previous edition, new coverage ranges from one-click data analysis to STOCKHISTORY, dynamic arrays to Power Query, and includes six new chapters. Practice with over 900 problems, many based on real challenges faced by working analysts. Solve real problems with Microsoft Excel—and build your competitive advantage Quickly transition from Excel basics to sophisticated analytics Use recent Power Query enhancements to connect, combine, and transform data sources more effectively Use the LAMBDA and LAMBDA helper functions to create Custom Functions without VBA Use New Data Types to import data including stock prices, weather, information on geographic areas, universities, movies, and music Build more sophisticated and compelling charts Use the new XLOOKUP function to revolutionize your lookup formulas Master new Dynamic Array formulas that allow you to sort and filter data with formulas and find all UNIQUE entries Illuminate insights from geographic and temporal data with 3D Maps Improve decision-making with probability, Bayes' theorem, and Monte Carlo simulation and scenarios Use Excel trend curves, multiple regression, and exponential smoothing for predictive analytics Use Data Model and Power Pivot to effectively build and use relational data sources inside an Excel workbook

New Bathonian (Middle Jurassic) Occurrence, at the Western Side of the Gulf of Suez, Egypt

Author :
Publisher :
ISBN 13 :
Total Pages : 8 pages
Book Rating : 4.:/5 (638 download)

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Book Synopsis New Bathonian (Middle Jurassic) Occurrence, at the Western Side of the Gulf of Suez, Egypt by :

Download or read book New Bathonian (Middle Jurassic) Occurrence, at the Western Side of the Gulf of Suez, Egypt written by and published by . This book was released on 1965 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:

ePub - An Introduction to Statistics Using Microsoft Excel

Author : Dan Remenyi
Publisher : Academic Conferences Limited
ISBN 13 : 1908272929
Total Pages : 220 pages
Book Rating : 4.9/5 (82 download)

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Book Synopsis ePub - An Introduction to Statistics Using Microsoft Excel by : Dan Remenyi

Download or read book ePub - An Introduction to Statistics Using Microsoft Excel written by Dan Remenyi and published by Academic Conferences Limited. This book was released on 2011-01-01 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the statistical concepts and then uses Microsoft Excel functions to illustrate how to get results using the appropriate techniques which will help researchers directly with their research.

Six Sigma Statistics with EXCEL and MINITAB, Chapter 10 - Regression Analysis

Author : Issa Bass
Publisher : McGraw Hill Professional
ISBN 13 : 0071735445
Total Pages : 48 pages
Book Rating : 4.0/5 (717 download)

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Book Synopsis Six Sigma Statistics with EXCEL and MINITAB, Chapter 10 - Regression Analysis by : Issa Bass

Download or read book Six Sigma Statistics with EXCEL and MINITAB, Chapter 10 - Regression Analysis written by Issa Bass and published by McGraw Hill Professional. This book was released on 2007-07-01 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is a chapter from Six Sigma Statistics with Excel and MINITAB. This is a comprehensive and easy-to-use guide for understanding and using Excel and MINITAB programs for Six Sigma statistical data analysis. Each chapter includes relevant theory and technique, step-by-step exercises, case studies, graphical illustrations and screen shots for performing the techniques in both Excel and MINITAB.

Introductory Econometrics

Author : Humberto Barreto
Publisher : Cambridge University Press
ISBN 13 : 9780521843195
Total Pages : 810 pages
Book Rating : 4.8/5 (431 download)

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Book Synopsis Introductory Econometrics by : Humberto Barreto

Download or read book Introductory Econometrics written by Humberto Barreto and published by Cambridge University Press. This book was released on 2006 with total page 810 pages. Available in PDF, EPUB and Kindle. Book excerpt: This highly accessible and innovative text with supporting web site uses Excel (R) to teach the core concepts of econometrics without advanced mathematics. It enables students to use Monte Carlo simulations in order to understand the data generating process and sampling distribution. Intelligent repetition of concrete examples effectively conveys the properties of the ordinary least squares (OLS) estimator and the nature of heteroskedasticity and autocorrelation. Coverage includes omitted variables, binary response models, basic time series, and simultaneous equations. The authors teach students how to construct their own real-world data sets drawn from the internet, which they can analyze with Excel (R) or with other econometric software. The accompanying web site with text support can be found at www.wabash.edu/econometrics.