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Mastering Data Analysis in Excel

Excel to MySQL: Analytic Techniques for Business,

Important: The focus of this course is on math - specifically, data-analysis concepts and methods - not on Excel for its own sake. We use Excel to do our calculations, and all math formulas are given as Excel Spreadsheets, but we do not attempt to cover Excel Macros, Visual Basic, Pivot Tables, or other intermediate-to-advanced Excel functionality. This course will prepare you to design and implement realistic predictive models based on data. In the Final Project (module 6) you will assume the role of a business data analyst for a bank, and develop two different predictive models to determine which applicants for credit cards should be accepted and which rejected. Your first model will focus on minimizing default risk, and your second on maximizing bank profits. The two models should demonstrate to you in a practical, hands-on way the idea that your choice of business metric drives your choice of an optimal model. The second big idea this course seeks to demonstrate is that your data-analysis results cannot and should not aim to eliminate all uncertainty. Your role as a data-analyst is to reduce uncertainty for decision-makers by a financially valuable increment, while quantifying how much uncertainty remains. You will learn to calculate and apply to real-world examples the most important uncertainty measures used in business, including classification error rates, entropy of information, and confidence intervals for linear regression. All the data you need is provided within the course, all assignments are designed to be done in MS Excel, and you will learn enough Excel to complete all assignments. The course will give you enough practice with Excel to become fluent in its most commonly used business functions, and you’ll be ready to learn any other Excel functionality you might need in the future (module 1). The course does not cover Visual Basic or Pivot Tables and you will not need them to complete the assignments. All advanced concepts are demonstrated in individual Excel spreadsheet templates that you can use to answer relevant questions. You will emerge with substantial vocabulary and practical knowledge of how to apply business data analysis methods based on binary classification (module 2), information theory and entropy measures (module 3), and linear regression (module 4 and 5), all using no software tools more complex than Excel.

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Rating 3.6 based on 700 ratings
Length 7 weeks
Effort 6 weeks, 8-10 hours per week
Starts Jul 3 (43 weeks ago)
Cost $79
From Duke University via Coursera
Instructors Jana Schaich Borg, Daniel Egger
Download Videos On all desktop and mobile devices
Language English
Subjects Data Science Business
Tags Data Science Data Analysis Business Business Essentials

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What people are saying

final project

Material is really poor and final project is disconnected from weekly lessons.

However, I think the final project could have been more spaced out.

Final project is awesome but very practical and needs more clarity in videos and notes.

I found that the first part of the final project was the most difficult and time-consuming part of the course.

great course, the final project is really hard but I can really learn something.

The final project is a very good practice and it summarized most of the knowledge in this class.

Good for learning statistical analysis using real examples (bank credit card application) and hands on the data in the final project!

Nice Good Course, but final project asks a lot for what this course is Hello, I am Gabriel Wang from TAIWAN.

With some changes that course will fly high :) Final project almost impossible to do with material taught.

The lectures were mostly stuff I learned at school and really quite easy, but I just have no idea what the final project has got to do with the lectures.

Final project is almost a joke to try and decipher how to create from scratch based on the ones they provided in the quizzes.

There are very few examples to clarify and illustrate the different topics of the course, but what's worse is that the assignments are almost completely divorced from the instructional videos; the assignments and especially the final project are much more complicated than anything presented in the instructional videos, so there is no knowledge basis from which the student can operate to complete the assignments/projects satisfactorily or smoothly.

The lectures are quite abstract and the exam is a practical application of the concept.The instructions of the course also aren't very good as you need to do each part of the final project at the end of each week.I would strongly suggest to not take this course unless you have many spare hours.

Barely any practical application, does not prepare you for final project.

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binary classification

The biggest addition to my knowledge via this course would have to be binary classification and entropy.

Solid class focused on the mechanics of building and evaluating binary classification models using Excel The course is both tough and interesting.

Well, it'll be good if you set the expectation that you're learning information theory and binary classification in this course, with Excel being the tool by which you use to learn those concepts.

Very good course Although more about Prob and Stat than learning to use Excel, concepts of binary classification and entropy are very interesting and are taught very deliberately and thoroughly.

I found Week 2: Binary Classification really confusing.

The professor explain you complex concepts like entropy or binary classification to continue with an excel worksheet.

The subject material is quite good, AOC and Binary Classifications were very interesting to learn about and have tons of applications, particularly in operation optimization problems/cases.

Great class to learn binary classification and prediction estimate.

I can learn how to build an effective binary classification model to support for my decision-making process.

Statistics, probability theory, binary classification are taught in very exciting and easy to perceive way.

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for data analysis

Excellent starting point for data analysis, while prior knowledge of statistics and excel are not necessary, they do help with course comprehension.

They just continuously provide spreadsheets for you without teaching you how to actually use excel for data analysis.

It is incredible how some concepts clearly defined and put into practice turn into a a powerful tools for data analysis... like binary classification models, confusion matrix, bayes theorem.

Indeed a Mastering course for Data Analysis!

Really good course, I think the most value is at the end when you are able to apply the concept learned in the final assignment Great class, however I felt it was very heavy on statistics and math concepts versus how to use Excel for data analysis.

Very challenging course that is very insightful in the use of Excel for Data Analysis 很有趣的课程,作为基础性的知识很好地引导了学生的兴趣 im in week 4 , cant master data analysis in Excel Not much explanatory Great course!

great course got great knowledge about the models used for data analysis I like the course but sometimes the instructions are not clear enough.

really helped me understand the material for my job Extremely challenging to put so many concepts into one course.I have to do my own studying and research outside of this course to catch up with.However, it is a good start to follow what need to be learnt for data analysis.

Thank you Challenging course, however very useful skills on leveraging Excel for data analysis.

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linear regression

Great course!I would have liked more practical linear regression example.

We didn't cover enough advanced Excel functionalities, opting instead to focus on 2 statistical models (Binary Classification and Linear Regression).

The course is quite tough for me, but I enjoyed the topics discussed, primary between a binary model and a linear regression model.

If you've never heard of linear regression or Bayes Theorem don't bother with this course.

Fascinating materials (Markowitz optimisation, linear regression, information gain, binary classification...) with both theoretical and practical aspects!

Linear regression is not for sissies, in my opinion.

towards end of the course, specifically linear regression week, a lot of buzzwords are strung together.

Eg "This is the connection between linear regression and mutual information in a parametric model where we have gaussian distributions" I feel that each term in isolation I know what they mean, but when strung together, I am unclear how to process the meaning.

Professor Daniel Egger and his assistan MUST improve the lessons, including examples step by step specially for the multiple linear regression su I never knew excel had so much possibilities Very informative, and very challenging!

Would have liked to have had more explanation on linear regression, but overall everything was great.

The linear regression part, especially multivariate linear regression, need more explanations how to derive the matrix in Excel.

Indeed the way the problem is set out it appears that you can choose between predictive linear regression OR binary classification.

The core components of this course were binary classifications, linear regression, and the supporting mathematical and statistical theorems.

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learnt a lot

great course to learn basi Really enjoyed it, felt challenged and engaged, and learnt a lot of valuable information and techniques!

I DO learnt a lot from it.

If you don't have good math and statistic background then you better learn them first...I personally learnt a lot from this course even though could not get the certificate.

I have learnt a lot about creating models with training data set and testing the strength of the model on test data sets.

First few things are fine then the course turns the other way Excellent course, I learnt a lot and really enjoyed it.

The course was challenging and I learnt a lot.

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hard to follow

There is no questions that the instructor of this course is an accomplished mathematician, I just found it hard to follow his lectures as he got deeper into various statistical aspects of the course.

pivot tables, index-match, vlookup etc.lectures were a bit hard to follow (esp the mathy ones) - i'd suggest reworking the blackboard craft Very hard to comprehend for 6 weeks.

The Course is fine, explanations and videos are a bit hard to follow at times.The final assessment is in my opinion very bad, as it i appears to me quite unrelated to the course it self.

This course has a lot to do with math and statistics and I find it really hard to follow especially when it comes to the final project.

It was hard to follow along with the lessons, because it was mainly present in formulas.

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figure out

If you take the time to figure out what is actually being asked and how to do it in the spreadsheets provided you can learn something, but the amount of time wasted hunting for the correct approach to their spreadsheets can be quite frustrating.

Luckily there were a lot of students who shared their approach of the final project on the discussion board, so it was easier to figure out what we were supposed to be doing.

In the end a lot of the concepts were not that difficult to figure out - don't overthink things as well!

Most videos are of Dr. Egger writing out algebraic equations and discussing them, the excel component of Mastering data in excel come via pre-made calculators as attachments that you for the most part need to figure out on your own.If you do not have a good comfort level with stats then you will require more time to spend on understanding the spreadsheet and it’s use.It would be fantastic if Dr Egger could go through the spreadsheets as a part of the video and show a couple examples, hopefully revisions down the road !

The final project was especially difficult as not much was explained - I had to read the forums to figure out what I was actually supposed to do.

It's here where the issue relays, the excel files are filled and instead of learning by doing you have to figure out how the prof made the file.

So you have to go through cell by cell to figure out what the hell the instructor did and what calculus was being used.

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before taking

Highly recommend comfort with college level statistics before taking this course.

I'd recommend a basic stats class before taking this.

I recommend having a significant knowledge of statistics before taking this course.

The attendants might already have a good foundation of econometric and probability statistics before taking this course.

Make sure you have studied calculus and probability before taking this course.

Beware.Also I would strongly recommend finishing the course work for week 3 AND 4 BEFORE taking the quiz on probability and distributions.

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my opinion

In my opinion "deviated" & stressed too much on statistics and model building (regression, logistic regression etc.)

Not only do the lectures give you general overview of the concepts with examples, but also they teach you how to do the maths which is very important in my opinions.

In my opinion, this course isn't nearly about Excel as much as it is about probability and statistical analysis.

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data science

Daniel Eggar introduces key concepts that you need to master, this course is not spoon fed, but is better for it.If I have a criticism, perhaps the course is badly named, maybe it should be called "Core statistical concepts for data science using Excel" Too difficult for a beginner Course only drilled down on specific aspects of excel that were inclined to regression analysis which is just one aspect used in business analysis Excellent Course!!

That said, the topics, examples and tools provided are exactly those required to build a good foundation in Business Analytics and I imagine, Data Science.

The ability to interface with Excel after some knowledge of Python/R or other programming languages would be helpful in the Data Science programming that is increasingly being promoted.

There are other, higher-quality Data Science MOOCs available.

Good The course enables me to get the knowledge about binary classification and predictive models I think with these skills I feel well-prepared to excel my skills in Data Science.

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real world

This course is too focused on specific real world applications like confusion matrix and ROC curves that are very useful.

But overall, I felt really challenged and more ready to approach real world problems.

Overall, I believe they need to improve how the content is presented, and how it's applied in a real world context.

Don't know how to apply the statistics and excel formula in real world situation.

although the contents are tough but they are essential skills that vital to survive real world data analysis.

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poorly explained

I enjoyed Week 1 of this course (and have completed the previous course in the specialization), but like many other reviewers, am finding the material in Week 2 way over my head and poorly explained.

Poorly explained , you don't actually learn much excel .

Use of spreadsheets in the course is poorly explained, examples are not relevant to the spreadsheet you're told to use ; and the material is covered way too quickly.

The tough part is in hectic learning of a vast array of statistical terms, often poorly explained – and alost never applied to practice (it is true that some of statistical metrics are "applied" in quizzed but it is unclear what's their purpose besides computing yet another number).

Does not have a strong emphasis on Excel skills and the statistics models provided seem to be randomly chosen and poorly explained.

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Rating 3.6 based on 700 ratings
Length 7 weeks
Effort 6 weeks, 8-10 hours per week
Starts Jul 3 (43 weeks ago)
Cost $79
From Duke University via Coursera
Instructors Jana Schaich Borg, Daniel Egger
Download Videos On all desktop and mobile devices
Language English
Subjects Data Science Business
Tags Data Science Data Analysis Business Business Essentials

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