Budget Forecasting in Power BI using Linear Regression: Manager's Guide

Join me as I break down the complexities of linear regression in Power BI and demonstrate how it's a game-changer for any manager's forecasting arsenal.
In this tutorial, I'll guide you through setting up your data model and interpreting the results to make informed business decisions.

🔍 What You'll Learn:
The fundamentals of linear regression for effective forecasting.
Navigating Power BI to set up your linear regression model.
Best practices for interpreting linear regression to influence your management decisions.

Useful articles: https://www.sqlbi.com/articles/implem....

🕒 Timestamps:
00:00 - Introduction to Linear Regression and its Application in Business Forecasting
01:08 - Exploring the Limitations of Linear Regression with Outliers and Seasonality
02:21 - Demonstrating Linear Regression in a Power BI Budget Tracking Report
03:44 - Detailed Walkthrough: Calculating Running Burn Down in Power BI
06:13 - Implementing Linear Regression Using DAX in Power BI
09:32 - Addressing Outliers in Data for Accurate Linear Regression
11:35 - Wrap-Up: Insights on Linear Regression for Future Videos

🎥 More about Power BI:
- Power BI Tips & Tricks:    • Power BI Tips & Tricks  
- APIs in Power BI:    • Working with APIs in Power BI  
- Analytics in Power BI:    • Analytics in Power BI  
- Deneb in Power BI:    • Deneb in Power BI  

✅ Subscribe for Exclusive Content: My channel is where management meets data. Follow my iOS development journey and discover Power BI secrets by subscribing to Introverted Manager.

💡 Join the Discussion: Have you used linear regression in your business reports? Let's discuss in the comments how it's impacted your managerial decisions!

#LinearRegression #PowerBI #ManagerialForecasting #IntrovertedManager #DataDrivenDecisions

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