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Learning Excel: Data Analysis 

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Learning Excel: Data Analysis
 at 
Linkedin Learning 
Overview

Microsoft Excel is an important tool for data analysis

Duration

3 hours

Total fee

1,150

Mode of learning

Online

Difficulty level

Intermediate

Credential

Certificate

Learning Excel: Data Analysis
 at 
Linkedin Learning 
Highlights

  • Earn a certificate of completion from LinkedIn Learning
Details Icon

Learning Excel: Data Analysis
 at 
Linkedin Learning 
Course details

More about this course
  • This course helps you unlock the power of your organization's data using the data analysis and visualization tools built into Excel
  • Author Curt Frye starts with the foundational concepts, including basic calculations such as mean, median, and standard deviation, and provides an introduction to the central limit theorem
  • He then shows how to visualize data, relationships, and future results with Excel's histograms, graphs, and charts
  • He also covers testing hypotheses; modeling different data distributions; calculating the covariance and correlation between data sets; and calculating probabilities, combinations, and permutations
  • Finally, he reviews the process of calculating Bayesian probabilities in Excel

Learning Excel: Data Analysis
 at 
Linkedin Learning 
Curriculum

Introduction

Analyze your data effectively

What you should know before starting

Foundational Concepts of Data Analysis

Calculate mean and median values

Measure maximums, minimums, and other data characteristics

Analyze data using variance and standard deviation

Introduce the central limit theorem

Analyze a population using data samples

Identify and minimize sources of error

Challenge: Summarize and analyze business data

Solution: Summarize and analyze business data

Visualizing Data

Group data using histograms

Identify relationships using XY scatter charts

Visualize data using logarithmic scales

Add trendlines to charts

Forecast future results

Calculate running averages

Challenge: Summarize operational data visually

Solution: Summarize operational data visually

Testing a Hypothesis

Formulate a hypothesis

Interpret the results of your analysis

Consider the limits of hypothesis testing

Challenge: Formulate and test a hypothesis

Solution: Formulate and test a hypothesis

Utilizing Data Distributions

Use the normal distribution

Use a uniform distribution

Use the exponential distribution

Use the Poisson distribution

Use the binomial distribution

Challenge: Model operational data using distributions

Solution: Model operational data using distributions

Measuring Covariance and Correlation

Visualize what covariance means

Calculate covariance between two columns of data

Calculate covariance among multiple pairs of columns

Visualize what correlation means

Calculate the correlation between two columns of data

Calculate correlation among multiple pairs of columns

Challenge: Calculate correlations between columns of data

Solution: Calculate correlations between columns of data

Calculating Probabilities, Combinations, and Permutations

Calculate simple probabilities

Calculate compound probabilities

Calculate expected value

Calculate permutations without duplication

Calculate permutations with duplication

Calculate combinations without duplication

Calculate combinations with duplication

Challenge: Calculate the expected value of a business scenario

Solution: Calculate the expected value of a business scenario

Performing Bayesian Analysis

Introduce Bayesian analysis

Analyze a sample problem: Kahneman’s Cabs

Create a classification matrix

Calculate Bayesian probabilities in Excel

Challenge: Perform a Bayesian analysis

Solution: Perform a Bayesian analysis

Conclusion

Additional resources

Faculty Icon

Learning Excel: Data Analysis
 at 
Linkedin Learning 
Faculty details

Curtis Frye
Online course developer, freelance writer, and speaker. MBA.

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