Regression Analysis | Forecasting Total Cost using Regression | CMA | ACCA | CIA | CIMA | CA | CPA |

This video from Commerce Specialist explains the concept of Regression. This video explains What is Regression, How to use Regression for Estimating Cost, Why Regression is Important, How regression is used for forecasting.
Detailed discussion is done on How to use Regression Analysis and Regression Equation for estimating Total Costs.
This video is relevant for students of CMA Part 1, ACCA F2 Management Accounting, ACCA F5, Performance Management, CIMA, CA, CIA, MBA students and also very relevant for Finance Managers, Cost and General Accountants.
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[@madinarasulova300]

Please never stop doing videos. Your videos are veryyy useful THANK YOU!!!!!!!

[@CommerceSpecialist]

Thx Madina

[@tps102]

Wonderful teaching. Habitualy i am afraid of this kind of formulas but today i realized it is easy if someone like this teaches. Thank you sir

[@CommerceSpecialist]

Thanks dear👍

[@shakirudeenmohammed8870]

Your teaching is excellent. Thank You

[@hamxahussain7738]

The way you teach is splendid 🙌

[@PatrickPalatema]

This was very helpful 💯

[@vusalayolchiyeva1288]

thanks a lot sir, it is very helpful, but I guess you forgot to explain what is a and b, why we calculated that, or maybe I missed the explanation

[@muhammadalam9083]

Thanks to give us important practical concepts

[@vuyoj3306]

a 13minute video is all I needed to understand this concept, thank you very much sir

[@arnoldmartin1666]

Thank you so much. I will use this in the coming months.

[@CommerceSpecialist]

🙏👍

[@ilkinmusayev2906]

Brilliant explanation, thanks!

[@CommerceSpecialist]

🙏👍

[@Lalaundercover389]

Thank you sir!

[@abhinta5071]

Sir, Your class was wonderful. Is it possible to calculate by using high low method . If am wrong please explain if you have the time.thank you

[@CommerceSpecialist]

Yes you can dear

[@atukundasiyemah]

so useful THANK YOU SO MUCH

[@CommerceSpecialist]

🙏👍

[@zukiswashoba4865]

amazing, thank you

[@CommerceSpecialist]

Thx dear

[@fatoucham5580]

very helpful thank you sir

[@CommerceSpecialist]

Ur welcome dear🙏👍

[@rishabhmittal123]

Thanks sir

[@ICT-TheKing]

wonderfull

[@CommerceSpecialist]

🙏👍

[@ilkinmusayev2906]

W'd like to know are there any plans to release similar video about time series analysis?

[@CommerceSpecialist]

Soon dear

[@ilkinmusayev2906]

@@CommerceSpecialist looking forward to all forecasting techniques explanation videos and thanks in advance 🤝🏽

[@kounaren]

👍

[@shaiknashruddin1851]

Sir i have a doubt regression analysis is useful practically But in reality based on historicdata we cant estimate total cost based on regression. Because material cost labour cost will inflate na sir.

[@CommerceSpecialist]

We can if you know the cost behaviour and if you can adjust for inflation and taxation.

[@shaiknashruddin1851]

@@CommerceSpecialist thank u sir

[@chidinmajoyousness3589]

Please I don't really understand , how to make comments on which cost to you , when given two estimates , please help me

[@CommerceSpecialist]

???