This course prepares participants to begin running data analysis on databases. Both univariate and multivariate analysis are covered with a particular focus on regression analysis. Regression analysis is done in Excel, SAS, and Stata to give viewers a sense of familiarity with a variety of different software package structures. The focus in this course is on financial data though the techniques are also applicable to more general forms of data like that used in marketing or management analyses.

***Please download and open all supporting materials before starting the course videos.***

Learning Objectives
  • Explore how to run basic univariable analysis of means, medians, and percentiles on a dataset
  • Explore how to run simple regression analysis on a dataset
  • Explore how to run instrumental variables analysis on a dataset
  • Explore how to run probit/logit analysis on a dataset
  • Explore how to run fixed effects regression on a dataset
  • Explore how to run difference-in-differences analysis on a dataset

*Each of the objectives above will be covered in Excel, SAS, and Stata

Last updated/reviewed: March 25, 2024

Included In Certifications

This course is included in the following Certification Programs:

15 CoursesData Analytics Professional (DAP) Certification

  1. The Fundamentals of Business Intelligence (BI): What it Does and Why it's so Essential
  2. How is Industry Using Big Data? – A Case Study Reading
  3. Business Intelligence - Data Collection and Cleaning
  4. Business Intelligence - Structuring Data for Analysis
  5. Business Intelligence - Fundamentals of Data Analysis
  6. Business Intelligence - Using Big Data Analytics
  7. Doing Data Analytics In Excel (Hands-on module)
  8. Regressions in Excel (Hands-on module)
  9. Financial Forecasting
  10. Advanced Analytics – Omitted Variables
  11. Advanced Analytics – Fixed Effects
  12. Case Study in Data Analytics
  13. Using Regressions for Forecasting
  14. Financial Forecasting in Excel (Hands-on module)
  15. Blockchain for Business
113 Reviews (611 ratings)

Reviews

Member's Profile
Highly knowledgeable instructor, I found the first 3 programs in this BI series very interesting. This one however gets too deep into statistical methods -- too deep to be considered informational but not nearly deep enough (due to time constraints) to be instructional at a level that you could utilize the techniques. Makes me think I need to retake my stats class.

3
Anonymous Author
What is this question ? The Altman Z statistic measures the efficiency of a firm’s marketing efforts over the past: The Altman Z score is about the probability of bankruptcy in the next two years... It has nothing to do with measuring marketing efforts .. How is this an exam question ?

4
Anonymous Author
The course had good information about the different types of aspects of the regression analysis and good definitions. I think the showing of the regression outputs and reports didn't really do much for me as the explanation didn't help. Went a little fast at that point.

5
Anonymous Author
This course provided a great overview of data analysis fundamentals. Admittedly, data analysis isn't my strong suite; however, I have a great appreciation for the insights it provides, so I found this course to be a good refresher in building my data analysis acumen.

4
Anonymous Author
This was a lot of information to cover in one class in enough depth to get a clear understanding of the topic. The information was useful for a broad overview. I would have liked to have the copy of the excel file so that I could follow along with the instructor.

3
Anonymous Author
Of Michael's Business Intelligence lessons, this was by far the most technical and a bit of a departure from other theory-based lessons; as a result, it was less relevant for me as I'm looking to gain an overview of data analytics principles.

4
Member's Profile
Course helped to explain predictive statistical techniques. Was a nice refresher of topics covered in our grad school statistics course. Felt a little bit like an ad for other software platforms that won't ever be covered in this series.

3
Anonymous Author
This seemed to be highly repetitive of the earlier courses for Business Intelligence, with an over emphasis on using Stata. An example that is walked through would have been more useful that screenshots for stata inputs/setup.

4
Member's Profile
A deep and technical dive into Data Analysis techniques such as: univariate analysis, regression analysis, advanced regression analysis. As well as giving an overview of various statistical techniques (z-score, etc).

3
Member's Profile
It was a lot of content for a one-hour course. Would have preferred to have a one hour course to better cover methodology with examples, then maybe get into Strata and SAS in a follow-up course.

3
Member's Profile
The course provides a very high level introduction of data analysis methods but the review questions or the exam questions are not as straight forward as covered by the handout or the recording.

3
Member's Profile
Completely correct and accurate, but a bit more sophisticated and academic for most simple business analysis. More applicable if working with large scale sophisticated analysis projects.

5
Member's Profile
Very thorough on how to use statistical analysis and other types of analysis for analyzing different types of data. Excellent job tying the information back to real-world application.

5
Anonymous Author
There was a little bit of duplicated information between this lesson and past lessons, but overall the information was helpful and taught specific techniques and vocabulary.

4
Member's Profile
I wish that the course was just slides. I think having a live screen where what he is saying is actually being done would be really engaging for those trying to learn.

4
Anonymous Author
Good course, a little difficult because it is a bit technical for non statistical professionals or auditors who have not been exposed to data analysis at such level.

4
Anonymous Author
Slides were informative, but not descriptive enough to use to study for final exam. Did we really need to see the coding for SATA or SAS in several of the slides?

3
Anonymous Author
Excellent information in this course but your exam was so far off base and there is no way, even though you say there is, to review missed answers on the exam.

5
Member's Profile
I like it veru much, with a seneebof learning more about stadistics, is such a great tool to analyse, and if i get enough expertise it wilk be very valuable.

3
Anonymous Author
A little hard to follow if you have never done a regression analysis. Having an easy sample regression and walking through all the steps would help.

4
Anonymous Author
This course was interesting. I liked the examples used. I didn't like the use of code or reference to not being able to discuss in this course.

4
Member's Profile
Insightful but at times extremely specific for a basic course like this, which made it confusing rather than helping, but all in all useful course

5
Member's Profile
I really enjoyed the course. Professor McDonald spoke very well and I enjoyed how he broke down and spoke about Fundamentals of Data Analysis.

5
Member's Profile
great basic intro into fundamentals of data analsys. Excellent overview of regression analysis and variables. shows shortfalls of using excel

4
Anonymous Author
I liked the material covered in this course. I have not been exposed to this information in any of my prior learning experiences. Thank you!

5
Member's Profile
This course was quite effective at describing data analytic techniques, but did focus a bit on Stata toward the end which narrows the scope.

4
Anonymous Author
Thanks for the well explained data analysis tools. It was clear easy to follow. Examples were helpful in the understanding of concepts.

3
Anonymous Author
This course had seemed to revisit/expand on material presented in earlier courses. Overall the material was interesting, and worthwhile

5
Member's Profile
WOW this was quite an experience. Learned an enormous amount so I can speak the big data analysis language with my statisticians.

5
Anonymous Author
this was a good re-introduction to basic linear math from high school however when previously learn used y=mx+b instead of y=B1x+B0

4
Anonymous Author
It was nice to move from just theoretical terms and concepts and definitions to actual visuals of regressions and data analysis.

4
Anonymous Author
The course provides knowledge about the different types regression analysis. The information was useful for a general overview

4
Member's Profile
More complex statistics in this one & I struggled more with it, but great to learn about more advanced statistical analysis.

5
Member's Profile
Excellent baseline presentation of complicated material. Michael presents in a format that is easy to follow and re-review.

5
Anonymous Author
This was a very good course that taught me a lot about statistics. learning regression analysis would help better my career

5
Member's Profile
Michael did a great job displaying the importance of the fundamentals of data analysis in a way that was clear and concise.

4
Anonymous Author
This is a brief course. I believe there is a lot more that could be said on Data Analysis, if there was enough time for it.

4
Anonymous Author
This material was less interesting than the concepts covered in previous chapters. Still, I think it was well taught.

5
Member's Profile
Great course, it was more complex than the others but very interisting , I learn new concepts. Thank you instructor

4
Anonymous Author
What this helped me figure out is that I should not do much data analysis without starting with a beginners course!

4
Anonymous Author
Too short of a learning period for those who do not deal with this type of statistical analysis on a regular basis.

3
Anonymous Author
This course was extremely hard for me. People who love statistics and data analysis would thrive in this course.

4
Anonymous Author
Good overview of statistical analysis; difficult topic to get into but supporting materials were useful.

5
Anonymous Author
This was an interesting course that gave a good high-level overview of different types of data analysis

5
Member's Profile
Course is perfectly designed for a young practitioners, who want to learn about business intelligence.

5
Anonymous Author
I like the regression analysis part of this lecture, I feel like it is helpful to gather needed data.

4
Member's Profile
excellent information. I wish I were more up to speed on this and will probably have to rewatch it.

4
Anonymous Author
I liked how the professor gave examples of when each type of statistic or analysis would be used.

5
Anonymous Author
I found this course to be helpful. This material was new to me and interesting to learn about.

5
Anonymous Author
Great course, but not seem to be for beginners; could be considered as advanced. great job!!!

3
Member's Profile
A little too slow for my taste, could find a way to bring some gusto to this subject matter.

5
Anonymous Author
This course has allowed for the understanding of the fundamentals of statistical analysis.

4
Member's Profile
Very thorough discussion. Much more technical than previous courses, but very informative.

4
Anonymous Author
This provided a very well-rounded review of data analytic measuring formulas and models.

4
Member's Profile
good overview of regressing analysis. understanding of types of regression and how used.

5
Member's Profile
A useful and technical course topic which was presented in a clear and concise manner.

4
Anonymous Author
Nice basic course. The SAS vs Stata was not particularly helpful to me, personally.

5
Member's Profile
Informative in learning how to write code for regression analysis and analyzing data

5
Member's Profile
EXCELLENT OVERVIEW OF DATA USAGE AND LIMITATIONS IN THE BI WORLD AND USE FOR CPA'S

5
Anonymous Author
Great class as always Michael. Easy to follow along with and good job explaining.

4
Anonymous Author
Good information, some of the slides discussing the regression were alittle messy

3
Anonymous Author
The course was somewhat confusing with all of the different terms and variables.

3
Anonymous Author
Gives you just enough information to be dangerous, but not enough to be reliable.

5
Member's Profile
a lot of good information. Would be interested to see this as a longer class.

4
Anonymous Author
I liked that the instructor went over multiple examples to explain the analysis

5
Anonymous Author
Course was informative and easy to navigate. I would recommend to a colleague.

5
Member's Profile
This was very informative. I didn't know any of this information before hand.

5
Anonymous Author
Very helpful. Powerpoint and resources made the material easy to understand.

5
Member's Profile
Great course, building upon the previous coursing and connecting the topics!

3
Anonymous Author
I would have like more detail and practically how to apply these techniques.

5
Member's Profile
great instructor and I would recommend this course to a college student

4
Anonymous Author
The presenter did a good job of walking through the regression analysis.

3
I would have liked more examples of analytics and less of a stat class.

5
Member's Profile
course was confusing even though I have taken many stats courses before

5
Anonymous Author
Interesting course laying a basis of what can be used for Data Analysis

5
Member's Profile
A good build on the previous course. Good for improving my background

5
Anonymous Author
Not for the faint of heart. There is real information in this course.

4
Member's Profile
The material was very helpful in teaching this lesson, great job!

5
Anonymous Author
This is a very useful course for CMAs. I recommend it to everyone.

4
Anonymous Author
Good course for getting to know the fundamentals of data analysis.

4
Anonymous Author
I would recommend this course to my colleagues. Very informative.

3
Anonymous Author
I thought the information presented was dry and hard to follow

3
Member's Profile
too complicate for someone who are not familiar with BI tools

5
Anonymous Author
Clear and Concise course. Learned a lot about analyzing data.

5
Member's Profile
Well explained, clear and thorough for the intended purpose.

4
Anonymous Author
Good dive into regression and various forms of data analysis

4
Anonymous Author
Good course. Would recommend. Will be taking more courses.

5
Member's Profile
Thanks for the interesting course, learned a lot about data

5
Member's Profile
Good overview of basic data analysis tools and techniques.

2
Member's Profile
Too complex a topic to try to fit into a one hour webinar

5
Member's Profile
Very good class, informative materials and well presented

5
Anonymous Author
I wish there were more examples rather than just slides.

5
Member's Profile
Everything about this course was absolutely fantastic.

5
Anonymous Author
Complex issues explained in simple way to comprehend

3
Member's Profile
Not as practical as I might have liked.

5
Member's Profile
not bad, technical but that is a plus

5
Member's Profile
Very detailed and thorough.

5
Member's Profile
Informative Lesson!

5
Member's Profile
Amazing course!

5
Member's Profile
Fantastic Course

5
Member's Profile
Easy to follow.

4
Member's Profile
Tough but good

5
Anonymous Author
Great course!

5
Member's Profile
Great course.

5
Member's Profile
Great course!

4
Anonymous Author
Great course!

5
Anonymous Author
Great course!

5
Member's Profile
Great Course

5
Member's Profile
great course

5
Member's Profile
he is great

5
Member's Profile
well taught

3
Member's Profile
none

5
Member's Profile
na

Prerequisites
Course Complexity: Foundational

No Advanced Preparation or Prerequisites are needed for this course. However, it is recommended to take the other courses in the series prior to completing this one.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Questions and Answers1 Question
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Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Business Intelligence - Fundamentals of Data Analysis1:16
Fundamentals of Data Analysis
  Overview of Analysis 9:26
  Univariate Analysis 14:22
  Regression Analysis11:50
  Advanced Regression Analysis9:03
  SAS V. Stata9:00
CONCLUSION
  Preview of Using Analysis 3:22
Continuous Play
  Business Intelligence - Fundamentals of Data Analysis58:22
SUPPORTING MATERIALS
  Slides: Fundamentals of Data AnalysisPDF
  Fundamentals of Data Analysis Glossary/IndexPDF
REVIEW and TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam