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5 Awesome Data Analysis Tricks on Excel 

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Learn 5 awesome data analysis tools on Excel ranging from regression to correlation analysis.
🔥 Download FREE Excel Chart Templates from Hubspot: clickhubspot.com/3nn
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In this video you'll learn five data analysis tools on Excel.
First, we cover forecasting in Excel using the forecast sheet feature. For this we use a hotel resort's revenue historical figures to forecast into the future. The tools are descriptive statistics, linear regression, multiple regression, correlation analysis, and forecasting.
Second, we cover correlation analysis using the data analysis feature on excel. Correlation analysis allows us to see if there's a correlation between different stocks we wan to invest in.
Third, we cover descriptive statistics, which helps us find essential statistics for our values such as the average, count, min, max, and more.
Fourth, we cover a simple linear regression to see the relationship between 2 variables. For this we use a scatter plot with the equation of a line and the r squared.
Lastly, we cover a multiple regression, where we get the adjusted r squared, the coefficients, the p values and more.
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Chapters:
0:00​ -​ Intro
0:14​ - Forecast Sheet
1:53​ - Correlation Analysis
4:56​ - Descriptive Statistics
6:07​ - Linear Regression
7:39​ - Multiple Regression
Disclaimer: I may receive a small commission on some of the links provided at no extra cost to you.

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19 мар 2023

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Комментарии : 81   
@KenjiExplains
@KenjiExplains Год назад
🔥 Download FREE Excel Chart Templates from Hubspot: clickhubspot.com/3nn
@donnavolz6268
@donnavolz6268 Год назад
Thanks! I really needed these. Love you videos by the way. Very informative and easy to follow.
@kloanenicholasace1315
@kloanenicholasace1315 Год назад
Great work Sir, yes it would truly be an honour to learn more from you. Thank you.
@salmaneconometricscorner8364
Awesome videos very interest Kenji dada
@grumpus23
@grumpus23 Год назад
Yes, I would love to learn more about the multiple regression statistics
@KenjiExplains
@KenjiExplains Год назад
Noted thanks for the comment!
@church2k
@church2k Год назад
Yes please, learnt more with your video than with a semester in college
@mihai980
@mihai980 Год назад
Hey, Kenji, i am interested too, i have an work issue that involves the same product but different revenue results and try to forcast revenue base on some correlations so i am very interested in learning more on statistics analizing
@CompletedReview
@CompletedReview Год назад
Please do the regression stats!
@junaidimtiaz2394
@junaidimtiaz2394 6 дней назад
I would love to learn more about statistical analysis especially regression analysis. Youre lessons are the most concise and time efficient lessons on youtube , so would really appreciate if you could make the requested video.
@richardgordon
@richardgordon Год назад
Amazing Kenzie! Without a doubt the clearest and best teacher on the internet. In 10 minutes you’ve shown us five powerful functions that span statistics, data analysis, and financial forecasting that eliminates all the hard work of these essential disciplines, and you’ve managed to throw in some advertising for a useful product as well. And made it interesting! Not many people can accomplish that. Well done!
@zakhelembhele7046
@zakhelembhele7046 Год назад
You are just brilliant Kenji. I feel like I a seasoned analyst already!
@rokaya7045
@rokaya7045 14 дней назад
Cool tools. I find your vids so helpful. Thanks
@mauriciobori
@mauriciobori 9 месяцев назад
Thanks for sharing these concepts. Hopefully people will be less scared about stats and numbers in general with content like this that makes it accessible in simple terms what you showed is very powerful yet simple to learn.
@michaelquach6655
@michaelquach6655 Год назад
Great fundamental Excel trick with the quick regression. Great work Kenji!
@KenjiExplains
@KenjiExplains Год назад
Cheers!
@danlm8559
@danlm8559 Год назад
Thanks for the video. Amazing. Extremely useful!
@vikramadityarathore97
@vikramadityarathore97 Год назад
Keep the good job up mate! Informative and insightful!
@KenjiExplains
@KenjiExplains Год назад
Thank you!
@Arpitr1697
@Arpitr1697 29 дней назад
thankyou, very well explained and very precise
@fahimistihadanik1495
@fahimistihadanik1495 Год назад
I remember struggling so much with doing a risk, return analysis with efficient frontier during my undergrad. I wish i came across something like this earlier wouldn’t have to learn in the hard way and messy way. Good stuff keep up the good work.
@providencewilliams8064
@providencewilliams8064 5 месяцев назад
This is my favorite RU-vid channel. no jokes. buying the Excel course soon, love your tricks and detailing. 👍👍👍👍💕💕❤❤
@nicksanchez1964
@nicksanchez1964 Год назад
Mutilple regressions are amazing! Use at work all the time to validate why we do things.
@KenjiExplains
@KenjiExplains Год назад
Love to hear it!
@Nubesitas001
@Nubesitas001 Год назад
As always, your videos are very interesting. I would like more videos regarding multiple regressions ❤
@JeffreyJeffersonUK
@JeffreyJeffersonUK Год назад
I second this! Excellent video
@bismarkackaah250
@bismarkackaah250 26 дней назад
Powerful presentation
@Luskesko
@Luskesko Год назад
Always enjoying your videos! Is it possible to make forecast for multiple items based on several months?
@gikanganjugi6116
@gikanganjugi6116 Год назад
Great education sir thankyou
@rizwanalishinwari1
@rizwanalishinwari1 Год назад
I have watched many of your tutorials, and they all are very much informative. Thank you so much for that. I am a PHD, and did my research on qualitative data. Now, I want to shift to quantitative data analysis, and your tutorials are helping me a lot. One thing more, I am using MS Excel from Mac, and I could not find the forecast sheet in it. I wish it was there.
@julius_galih
@julius_galih 7 месяцев назад
Thanks Kenzie!
@champagne_mami
@champagne_mami Год назад
Thank you so much I’d like for you to explain the other statistics
@camlex6310
@camlex6310 Год назад
Really helpful!!
@ikennaewurum6415
@ikennaewurum6415 Год назад
Of course I want more of the regression analysis.
@UChiiL
@UChiiL 3 месяца назад
Brilliant! Just Brilliant!
@qaziusman85
@qaziusman85 Год назад
Well explained 👏👏👏
@newday8074
@newday8074 Год назад
You are just amazing, straight to the point with awsome tips
@newday8074
@newday8074 Год назад
I would like to know more aout the multiple regression, thank you
@RefaatIbrahimXIT
@RefaatIbrahimXIT Год назад
Thank you
@iriica
@iriica Год назад
Very useful 👍 Kenji
@zahidulhaquekowshik9336
@zahidulhaquekowshik9336 9 месяцев назад
great video Kenji! can you please start a playlist on statistics for data analysis using Excel?? that would be great! thank you!
@dodgecarlincila879
@dodgecarlincila879 Год назад
you have explained it better than my data science professor.
@lookforbriansjazz7832
@lookforbriansjazz7832 Год назад
Yes. Thanks!!
@leislylorainelopezlevi
@leislylorainelopezlevi 10 месяцев назад
Amazing. I do want more information, please make another video explaning the last part.
@siddhikelshikar9968
@siddhikelshikar9968 5 месяцев назад
Thanks for the video. Will you please make a video explaining the metrics of regression analysis table.
@ghamykamy8426
@ghamykamy8426 Год назад
Excellent 👍
@meeknessgospelmissionmgmlu3473
Thanks a lot
@emperordesk2794
@emperordesk2794 10 месяцев назад
Thanks kenji, your page has been very helpful. I would like to get certified, any tips on an international certification?
@billyjaybelotindos1653
@billyjaybelotindos1653 Год назад
I never thought I could finish this video
@dimitarmihaylov2145
@dimitarmihaylov2145 Год назад
Hi, please explain in more detail the ratio from regression analysis.
@MohammadAminParnianPour
@MohammadAminParnianPour 10 месяцев назад
please cover the statistics in the multi regression
@user-zj2dg4mk8y
@user-zj2dg4mk8y 3 месяца назад
Every morning watching your videos and practicing along side has become the 1st priority task for me, thanks for such a nice content❤
@KenjiExplains
@KenjiExplains 3 месяца назад
That’s awesome to hear! 🚀
@vogelchiara
@vogelchiara 7 месяцев назад
thank you
@mahfoud837
@mahfoud837 Год назад
Would like to explain deeprr those econometrics
@careerprinciples
@careerprinciples Год назад
Nice!
@Techguru563
@Techguru563 Год назад
I like your videos dude...❤❤❤❤
@KenjiExplains
@KenjiExplains Год назад
Glad you like them!
@bismarkackaah250
@bismarkackaah250 26 дней назад
I need more on regression
@oluwatobibalogun9761
@oluwatobibalogun9761 Год назад
Thumbs UP!
@muhammadhasanraza1606
@muhammadhasanraza1606 7 дней назад
awesome
@anastasiasaparet4067
@anastasiasaparet4067 Год назад
is a forecast sheet for Mac or is it ony for windows?
@mrym_data
@mrym_data 8 месяцев назад
whats the program you use for editing video
@sonerguney3225
@sonerguney3225 Год назад
Super
@GamingGirlDestiny
@GamingGirlDestiny Год назад
I need a video on how to make a dependable and searchable drop dowm list
@KSMVideos
@KSMVideos Год назад
how to deal with non-numerical data when using the data analysis tools?
@anonfinally1692
@anonfinally1692 Год назад
Are these doable in sheets?
@mohanedpharma2883
@mohanedpharma2883 10 месяцев назад
Wow , Now I can replace SPSS app with these excel features
@fabean9097
@fabean9097 Год назад
i didnt see forecast sheet on my excel though i used the same file ? is my excel version too old ?
@ksltechnology
@ksltechnology 22 дня назад
greAT
@juantray
@juantray 11 месяцев назад
The p-value for the newspaper ads coefficient seems to not be statistically significant whereas online ads does.
@makeuplily
@makeuplily Год назад
How can I add the forecast sheet to my ribbon? I tried searching for in under customization and don't see it. I don't even have the forecast section to begin. I would really appreciate the help, thank you in advance
@rizwanalishinwari1
@rizwanalishinwari1 Год назад
I am facing the same problem. If you are suing Excel from MacBook, you will probably not find it.
@DanielRamirezZaldivar
@DanielRamirezZaldivar 9 месяцев назад
I've got the same problem, don't know how to add it on MacBook
@excel168
@excel168 9 месяцев назад
@avocadotalks1426
@avocadotalks1426 Год назад
Only available in 365?
@fizzy3949
@fizzy3949 Год назад
As a kid I used to wonder what career would need me to know these things....now I know 😂
@pony44
@pony44 Год назад
More videos like this please! Can you make a video doing some multiple correlation graphics? Please ? Like gold silver and cuper vs mining company revenues? Ty bro
@aliyapermana6998
@aliyapermana6998 Год назад
hi Kenji! may we know what's your IG?