Statistical Forecasting Techniques in Google Sheets

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stars
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Offered By
Coursera Project Network
In this Guided Project, you will:

Identify use cases for forecasting growth

Understand and recognize linear and exponential growth

Conduct exponential regression with a linear model

Clock2 hours
BeginnerBeginner
CloudNo download needed
VideoSplit-screen video
Comment DotsEnglish
LaptopDesktop only

We consume forecasted data regularly in our personal and business lives, covering everything from the weather to projected investment returns. At work we use forecasted data for a multitude of purposes including developing strategies, budgets, and to provide the right amount of resources to meet demand. In this course, you will get your feet wet with statistical forecasting by designing, creating, and interpreting a growth forecast. You will do this as we work side-by-side in the free-to-use software Google Sheets. By the end of this course, you will understand use cases for conducting forecasts in your workplace and be able to confidently conduct a growth forecast in any spreadsheet software. You will also understand when it is necessary to refine a model to improve the accuracy of forecasted projections. Note: This course works best for learners who are based in the North America region. We’re currently working on providing the same experience in other regions.

Skills you will develop

ForecastingBusiness ProjectionsFeature EngineeringPredictive AnalyticsBusiness Intelligence

Learn step-by-step

In a video that plays in a split-screen with your work area, your instructor will walk you through these steps:

  1. Identify the problem to solve with statistical forecasting techniques

  2. Conduct exponential regression with a linear model

  3. Conduct exponential regression with a linear model and fit with a linear trend line.

  4. Evaluate the forecast's fit to historic data and determine next steps.

How Guided Projects work

Your workspace is a cloud desktop right in your browser, no download required

In a split-screen video, your instructor guides you step-by-step

Reviews

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Frequently asked questions

Frequently Asked Questions

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