Forecasting - Linear regression - Example 1 - Part 1

In this video, you will learn how to find the demand forecast using linear regression.

[@giovannitran7606]

Great video. My textbook uses the same example you show. I have to admit that instructional videos like this one make it much easier for me to understand the concepts, compared to what a face to face lecture can provide (noisy students, less than optimal viewing point, limited time for lecturing, and the inability to rewind the instructor as many times as you need).

[@TheMightyLou]

This was taught at a perfect pace for me. Thank you for breaking every step down and explaining everything in great detail.

[@BillScottie]

Wow! Thanks for providing a clever explanation. Now I understand the equation y = mx + c (or for sometimes y = mx + b)

[@tamalsaha8837]

I'm looking for an exact equation for "Linear Regression Extrapolation on Time-series spatial data". can anyone help me?

[@Blexdkitchen]

You are the best sir 🙏

[@IQ88612]

nice but from where did you get these equations that you used for your work??

[@amarnadhgunakala2901]

Perfect, no doubts on this.

[@victorpng45]

How come formulae for y intercept and slope of regression line are different from other statistics book and video ??????

[@maxusknowledge]

Forecasting - Linear regression - Example 1 - part 1

[@2ndChance54]

amazing explanation, thank you so much. I will watch the video again and practice. Sir, I have a question, in a case that the quarters are in different amounts of money ($50, $30, $60.....$10) and they don't follow any order as in your example (1,2,3...13,14) how can we know the value of X to use it in the formula Y= a+bX?. Thanks in advance

[@debimishra_Banapur]

Here we arrived at an Equation Y=441.77+359.6X,,,, let's try for X=10,as per our existing data we must get Y=4500. But Y value comes lesser than this...Means we must include some error value...Please clarify??????????????

[@hacr_]

sorry, but I still don't understand why the independent variable is a variation or figuring the dependent variable?

[@karenclairepayabyab9281]

Is it possible to have a Mean Absolute Deviation in linear regression? if it is, how?

[@aonali6809]

Good work

[@najoweirene9780]

Very good teacher....may God bless you

[@brendanpeake4302]

thanks for the tutorial

[@mjselfmadehimself]

thank you sir, very helpful

[@graceconteh6737]

Thank you very much sir

[@Demographer12]

How is calculated log linear ?

[@shafeeabdallahhawk825]

What if X goes the way like 40,44,48,50,52,54,56 in stead of starting from 1,2,3,,45,6,7,8? Will the procedure be different in that case?

[@jayeolaajibola4408]

No, it will be the same procedure

[@SrinivasGRao]

Superb Explanation. Many Many Thanks.

[@JasonFrancisB]

Thank you soo much!!!

[@jhozuadiaz4464]

Thank you very much sir!

[@jatingulatiya830]

Bsdk formula galat hai lodu😂

[@MegaDapin]

My notebook has been missing, and tomorrow is the exam. Thanks god I found this video.

[@levychr]

Well, how did you do on the exam?

[@sarahevans4532]

Good video !

[@1rasha]

How to do the above in excel please

[@jacklake5797]

Great video. Very helpful

[@FaerieDogs]

Thank you.

[@annua9881]

So gaya...Kitna bor hai

[@youareextraordinary5784]

Which method you are using sir for writing?

[@maxusknowledge]

[@sumaiyatabassum2690]

Great sir

[@amycuchine7430]

Thanks!

[@nishchayanarula4301]

Ek no.👌👌

[@sudarshanreddy2781]

Besr explained sir

[@ajayshinde9965]

thank you so much.