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EncartaLabs

Multivariate Statistics for Understanding Complex Data

( Duration: 3 Days )

The Multivariate Statistics for Understanding Complex Data training course teaches how to apply and interpret a variety of multivariate statistical methods to research and business data. Strong emphasis is on understanding the results of the analysis and presenting your conclusions with graphs.

By attending Multivariate Statistics for Understanding Complex Data workshop, delegates will learn to:

  • Make sense of the math behind many multivariate statistical analyses
  • Reduce dimensionality with principal components analysis
  • Identify latent variables with exploratory factor analysis and factor rotation
  • Understand individual preferences with qualitative preference analysis
  • Explain associations among many categories with correspondence analysis
  • Finds patterns of association among different sets of continuous variables with canonical correlation analysis
  • Explain differences among groups in terms of many predictor variables through canonical discriminant analyses
  • Classify observations into groups with linear and quadratic discriminant analyses
  • Fit complex multivariate predictive models with partial least squares regression analysis

Familiar with statistical concepts such as hypothesis testing, linear models, and collinearity concepts in regression. Knowledge of ANOVA and Regression.

This Multivariate Statistics for Understanding Complex Data class is intended for Business analysts, social science researchers, marketers, and statisticians.

COURSE AGENDA

1

Overview of Multivariate Methods

  • Examples of multivariate analyses
  • Matrix algebra concepts
2

Principal Components Analysis using the PRINCOMP procedure

  • Principal component analysis for dimension reduction
3

Exploratory Factor Analysis using the FACTOR procedure

  • Factor analysis for latent variable measurement
  • Factor rotation
4

Multidimensional Preference Analysis using the PRINQUAL and TRANSREG procedures

  • Plotting high-dimensional preference data
  • Mapping preferences to other characteristics
5

Correspondence Analysis using the CORRESP Procedure

  • Understanding complex associations among categorical variables
6

Canonical Variate Analysis using the CANCORR and CANDISC Procedures

  • Multivariate dimensions reduction for two sets of variables
7

Discriminant Function Analysis using the DISCRIM Procedure

  • Classification into groups
  • Linear discriminant analysis
  • Quadratic discriminant analysis
  • Empirical validation
8

Partial Least Squares Regression using the PLS Procedure

  • PLS for one target variable
  • PLS for many targets
  • PLS for predictive modeling

Encarta Labs Advantage

  • One Stop Corporate Training Solution Providers for over 6,000 various courses on a variety of subjects
  • All courses are delivered by Industry Veterans
  • Get jumpstarted from newbie to production ready in a matter of few days
  • Trained more than 50,000 Corporate executives across the Globe
  • All our trainings are conducted in workshop mode with more focus on hands-on sessions

View our other course offerings by visiting https://www.encartalabs.com/course-catalogue-all.php

Contact us for delivering this course as a public/open-house workshop/online training for a group of 10+ candidates.

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