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This video is about how to do Predictive Analytics in MS Excel Spreadsheet 2016. Analytics drives business in efficient way. Four types of analytics are there currently. Predictive Analytics is part of four types of analytics. Predictive Analytics is not traditional analytics. Business people are using Predictive Analytics to know what will it happen, when will it happen, why will it happen in the business through historical data.
In this video, Two examples showed for Predictive Analytics. The first example is forecasting next year sales from last year sales using forecast techniques in MS Excel. The second example is creating regression analysis to find relationship between sales and incentive data and checking this data is statistically significant or not.
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Predictive Analytics in excel
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