1 00:00:00,590 --> 00:00:06,230 In this section, we will look at the predictive analytics in finance domain. 2 00:00:08,750 --> 00:00:16,160 Predictive models like linear regression are not only used to predict the future, but they are also 3 00:00:16,160 --> 00:00:20,600 used to derive the relationship between different events. 4 00:00:22,400 --> 00:00:31,490 For example, you can analyze the role of advertisement, budget, employee bonuses, operational expenditure, 5 00:00:31,730 --> 00:00:34,640 etc. on the revenue of the company. 6 00:00:36,990 --> 00:00:39,720 You can use linear regression to do that. 7 00:00:42,130 --> 00:00:50,380 Using models like linear regression, you can analyze how one variable will behave when we change other 8 00:00:50,380 --> 00:00:50,910 variables. 9 00:00:53,470 --> 00:01:02,350 As many of you may be new to statistics and machine learning, we have added next few lectures on the 10 00:01:02,350 --> 00:01:07,240 understanding of some basic concepts of statistics and machine learning. 11 00:01:09,540 --> 00:01:10,290 After that. 12 00:01:11,590 --> 00:01:14,740 We will look at concept behind the linear regression model. 13 00:01:15,730 --> 00:01:22,870 And we will also and we will be also telling you how to prepare your data for the linear regression 14 00:01:22,870 --> 00:01:23,200 model. 15 00:01:25,380 --> 00:01:30,330 At the end, we will be solving a case study to apply your learning.