Turgut Guvenc
Turgut Guvenc
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Measuring Price Elasticity and Cross-Price Elasticity Using Regression Models
In this video, I dive into the price elasticity of demand and cross-price elasticity, using real-world examples and regression model outputs to illustrate key concepts. Whether you're an economics student, data analyst, or just curious about how prices impact demand, this tutorial is for you!
What you'll learn:
What is price elasticity and why it matters
How to measure price elasticity using regression models
Building a regression model to predict coffee demand based on coffee and tea prices
Calculating cross-price elasticity to understand how tea prices affect coffee demand
I walk you through the entire process step-by-step, providing clear explanations and practical examples. By the end of this video, you'll have a solid understanding of how to apply these concepts to your own data and make informed decisions. You will learn how to use Microsoft Excel to create regression models and measure price elasticities.
มุมมอง: 155

วีดีโอ

Regression Analysis in Microsoft Excel: A Step-by-Step Guide11:45Regression Analysis in Microsoft Excel: A Step-by-Step Guide
Regression Analysis in Microsoft Excel: A Step-by-Step Guide
มุมมอง 744 หลายเดือนก่อน
Description: Welcome to my channel In this video, we'll dive deep into Microsoft Excel and cover several essential data analysis skills. Whether you're a beginner or looking to sharpen your Excel skills, this tutorial has something for you. Here's what we'll cover: 📅 Chapters: Introduction Generating Random Numbers Creating Charts Using the Data Analysis Tool Building a Regression Model Interpr...
Comprehensive Data Analysis of NYC Yellow Taxi Rides 🚕📊1:31:59Comprehensive Data Analysis of NYC Yellow Taxi Rides 🚕📊
Comprehensive Data Analysis of NYC Yellow Taxi Rides 🚕📊
มุมมอง 1164 หลายเดือนก่อน
Description: Welcome to this detailed exploration of New York City's Yellow Taxi data! In this video, I walk you through the process of cleaning, analyzing, and visualizing taxi ride data using Python and Jupyter Notebook. This analysis is part of my coursework for the Google Advanced Data Analytics Professional Certificate. 🗒️ Table of Contents: Introduction Overview of the analysis and object...
End-to-end Data Analysis Project using real-world datasets. Exercises and Data Visualizations49:08End-to-end Data Analysis Project using real-world datasets. Exercises and Data Visualizations
End-to-end Data Analysis Project using real-world datasets. Exercises and Data Visualizations
มุมมอง 295 หลายเดือนก่อน
Identify the county and municipality with the highest snow and ice removal expenditures in 2022. Determine the municipality with the largest budget deficit for snow and ice removal. Highlight other interesting observations from the data, including supplementary appropriations and top municipalities with the highest deficit ratios. Create a composite score to interpret different observations in ...
End to End Data Analysis Project using a real-world dataset - Data Analysis-240:41End to End Data Analysis Project using a real-world dataset - Data Analysis-2
End to End Data Analysis Project using a real-world dataset - Data Analysis-2
มุมมอง 296 หลายเดือนก่อน
Exploratory Data Analysis: Uncover Insights with Elegant Code In this video, we'll dive deep into the world of Exploratory Data Analysis (EDA) and learn how to extract valuable insights from your data. Join me as we: 𝟏. 𝐌𝐞𝐫𝐠𝐞 𝐃𝐚𝐭𝐚𝐬𝐞𝐭𝐬: We'll combine multiple datasets into a single, comprehensive master dataframe, setting the stage for a thorough analysis. 𝟐. 𝐒𝐞𝐩𝐚𝐫𝐚𝐭𝐞 𝐕𝐚𝐫𝐢𝐚𝐛𝐥𝐞𝐬: Discover how to ...
End to End Data Analysis Project using a real-world dataset - Data Analysis-139:26End to End Data Analysis Project using a real-world dataset - Data Analysis-1
End to End Data Analysis Project using a real-world dataset - Data Analysis-1
มุมมอง 406 หลายเดือนก่อน
3. 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐝𝐚𝐭𝐚 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐮𝐬𝐢𝐧𝐠 𝐏𝐲𝐭𝐡𝐨𝐧 and libraries like Pandas, Numpy, Matplotlib, and Seaborn. You'll learn how to approach any data analysis project with step-by-step explanations.
Why Use Virtual Environments in Python? | How to Create One with Pip and Anaconda Explained10:32Why Use Virtual Environments in Python? | How to Create One with Pip and Anaconda Explained
Why Use Virtual Environments in Python? | How to Create One with Pip and Anaconda Explained
มุมมอง 136 หลายเดือนก่อน
🔍 In this detailed tutorial, we delve into the crucial concept of virtual environments in Python programming and explore their significance for both pip and Anaconda users. Whether you're a beginner aiming to set up your first Python project or an experienced developer looking to optimize your workflow, understanding virtual environments is key. 👨‍💻 What You'll Learn: Basics of Virtual Environm...
End to End Data Analysis Project using real-world dataset. Introduction9:49End to End Data Analysis Project using real-world dataset. Introduction
End to End Data Analysis Project using real-world dataset. Introduction
มุมมอง 216 หลายเดือนก่อน
Are you curious about the end-to-end data analysis process? Check out my latest TH-cam playlist! In this real-world project, we'll be using data from the Massachusetts Department of Revenue Services to answer business owners' questions through comprehensive data analysis. Here are the key takeaways: 1. 𝐂𝐫𝐞𝐚𝐭𝐢𝐧𝐠 𝐚 𝐧𝐞𝐰 𝐯𝐢𝐫𝐭𝐮𝐚𝐥 𝐞𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭 for better dependency management and avoiding future packa...
Building an AI-powered Review Q&A System with RAG using OpenAI and ChromaDB, Langchain -Intro4:29Building an AI-powered Review Q&A System with RAG using OpenAI and ChromaDB, Langchain -Intro
Building an AI-powered Review Q&A System with RAG using OpenAI and ChromaDB, Langchain -Intro
มุมมอง 318 หลายเดือนก่อน
Join me as we dive into a unique project that integrates React, JavaScript, Flask, and the latest in AI technology to reshape how restaurants engage with their customers, featuring a special focus on Vector databases, Retrieval-Augmented Generation (RAG), and AI. 🔍 Project Overview: Frontend & Backend: Discover the seamless interaction between React, JavaScript, and Flask. This video showcases ...
Building an AI-Powered Restaurant Review Q&A System with RAG using OpenAI and ChromaDB, Langchain28:35Building an AI-Powered Restaurant Review Q&A System with RAG using OpenAI and ChromaDB, Langchain
Building an AI-Powered Restaurant Review Q&A System with RAG using OpenAI and ChromaDB, Langchain
มุมมอง 779 หลายเดือนก่อน
Join me in this comprehensive tutorial where we leverage the latest in artificial intelligence and RAG techniques to create a sophisticated question-answer system, specifically designed for getting insights from restaurant reviews. This system is not just a demonstration of theoretical knowledge but a practical application using real-world Google restaurant review data. Here's a closer look at ...
Building an AI-Powered Restaurant Review Q&A System with RAG using OpenAI and ChromaDB, Langchain -214:14Building an AI-Powered Restaurant Review Q&A System with RAG using OpenAI and ChromaDB, Langchain -2
Building an AI-Powered Restaurant Review Q&A System with RAG using OpenAI and ChromaDB, Langchain -2
มุมมอง 679 หลายเดือนก่อน
Join me as we dive into a unique project that integrates React, JavaScript, Flask, and the latest in AI technology to reshape how restaurants engage with their customers, featuring a special focus on Vector databases, Retrieval-Augmented Generation (RAG), and AI. 🔍 Project Overview: Frontend & Backend: Discover the seamless interaction between React, JavaScript, and Flask. This video showcases ...
Google Map Reviews Analysis (solving Real World Problems using NLP techniques)12:45Google Map Reviews Analysis (solving Real World Problems using NLP techniques)
Google Map Reviews Analysis (solving Real World Problems using NLP techniques)
มุมมอง 2649 หลายเดือนก่อน
Unlock the secrets of customer satisfaction with our latest video tutorial! We take you through a fascinating journey of analyzing Google Maps reviews for a bustling restaurant, utilizing cutting-edge data science techniques to sift through thousands of customer opinions. To enhance our understanding of customer preferences and improve service quality, this video is a treasure trove of insights...
Understanding Text Embeddings with PCA for Beginners11:22Understanding Text Embeddings with PCA for Beginners
Understanding Text Embeddings with PCA for Beginners
มุมมอง 1569 หลายเดือนก่อน
In this video, we will dive into the world of text embeddings with our comprehensive tutorial! 🚀 This session is perfect for data science enthusiasts, machine learning practitioners, and anyone eager to explore natural language processing (NLP) with word embedding techniques, especially through the powerful tools provided by Google Cloud Platform's Vertex AI. What You'll Learn: Basics of Text E...
End-to-end Deep Learning Application with Model Deployment25:50End-to-end Deep Learning Application with Model Deployment
End-to-end Deep Learning Application with Model Deployment
มุมมอง 459 หลายเดือนก่อน
End-to-end Deep Learning Application with Model Deployment
Hyperparameter Settings of LLM for Text Generation17:35Hyperparameter Settings of LLM for Text Generation
Hyperparameter Settings of LLM for Text Generation
มุมมอง 589 หลายเดือนก่อน
Hyperparameter Settings of LLM for Text Generation using GPT-Neo 1.3B! 🤖 In this video, we will learn how to set a hyperparameter of LLM GPT-Neo 1.3B from EleutherAI in this case. 🔍 What's Inside? We'll be diving into Greedy Search, Beam Search, Temperature adjustments, and the magic of Top-k and Top-p sampling. 💻 Code Unveiling! Follow along with code snippets straight from the Kaggle notebook...
Feature Extraction with Language Model (Hugging Face Transformers)25:19Feature Extraction with Language Model (Hugging Face Transformers)
Feature Extraction with Language Model (Hugging Face Transformers)
มุมมอง 5499 หลายเดือนก่อน
Feature Extraction with Language Model (Hugging Face Transformers)
End-to-End React Movie Recommendation App Using Chat GPT (React, Python Flask stack.)6:20End-to-End React Movie Recommendation App Using Chat GPT (React, Python Flask stack.)
End-to-End React Movie Recommendation App Using Chat GPT (React, Python Flask stack.)
มุมมอง 6610 หลายเดือนก่อน
End-to-End React Movie Recommendation App Using Chat GPT (React, Python Flask stack.)

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