Statistical analysis is a vital tool for business analysts. Within this webinar we will provide a introduction to three key core techniques (regression, classification, and cluster analysis). For each technique we will discuss the purpose of the technique, a very brief mathematical foundation, the names of methods that could be applied under that technique, a brief introduction as to how perform that technique in Power BI, and an interpretation of the results coming from Power BI.
The importance of these skills is discussed in the IIBA Guide to Business Data Analytics (see Techniques 3.9 Descriptive and Influential Statistics).
No previous knowledge of statistics or Power BI is assumed of webinar participants, though participants with some personal experience with statistics or Power BI will be more able to appreciate the more advanced material within the webinar.