Practical Training Session
Alan Jones: Understanding Regression
How many of us use Linear Regression techniques to find the 'best fit' without really understanding how they work and why they work, and perhaps more importantly, without an appreciation of just how good that 'best fit' really is? Wouldn't it be nice to be able to create three point estimates from the regression analysis? This workshop is intended to take you through the basic concepts that underpin Linear Regression, step by step, using a mixture of presentation, demonstration and hands-on exercises. It is aimed at non- Mathematicians.
Mathematician by choice, Alan has been advised by his therapist to get out more, so here he is. He has worked at BAE Systems for over 30 years, as a production estimator, industrial engineer, capacity planner, financial analyst in product costing, which has led him to his current role as Manager of Estimating Capability Development for the Military Air Solutions business unit of BAE Systems. Part of that role requires him to provide training in numerical techniques ... some people get to
have all the fun!