ONLEARN COURSE
Power BI for Predictive Analytics: Forecasting Business Futures
Leverage Power BI's advanced capabilities to build robust predictive models and forecast key business metrics, transforming raw data into actionable foresight.
AdvancedEnglish3 sections4 hours788 students
What you’ll be able to do
- Apply advanced data preparation techniques for time series forecasting in Power BI.
- Implement various forecasting models, including built-in Power BI functions and external R/Python scripts.
- Create compelling visualizations and dashboards to communicate predictive insights effectively.
- Integrate and utilize external statistical tools (R/Python) within Power BI for enhanced analytics.
- Evaluate and interpret forecasting model accuracy and reliability.
- Develop a robust predictive analytics solution from data ingestion to dashboard presentation.
Inside this course
3 sections · 13 activities · 4 hours total length
01Module 1: Foundations of Predictive Analytics in Power BI
- Introduction to Predictive Analytics and Power BI15:00
- Data Preparation for Time Series Forecasting25:00
- Understanding Power BI's Built-in Forecasting Capabilities15:00
- Hands-on Lab: Preparing Sales Data for Forecasting10:00
02Module 2: Advanced Forecasting Models and External Integration
- Introduction to DAX for Advanced Forecasting Logic20:00
- Integrating R and Python for Predictive Models in Power BI30:00
- Implementing ARIMA Models with R/Python in Power BI25:00
- Hands-on Lab: Building a Demand Forecast with R/Python15:00
03Module 3: Visualizing and Interpreting Forecasts
- Designing Effective Forecast Visualizations20:00
- Creating Interactive Predictive Dashboards25:00
- Evaluating Forecast Accuracy and Model Performance20:00
- Case Study: Financial Performance Prediction Dashboard15:00
- Course Wrap-up and Next Steps in Predictive Analytics4:00
About this course
Unlock the power of predictive analytics in Power BI to forecast critical business outcomes. This advanced course equips you with the skills to transform historical data into actionable insights and future predictions.
Who this is for
- Business Intelligence Developers and Analysts looking to add predictive capabilities to their Power BI reports.
- Data Analysts who want to leverage Power BI for forecasting and strategic planning.
- Business professionals seeking to make data-driven predictions about future business trends.
- Anyone interested in advanced Power BI techniques for time series analysis and predictive modeling.
Before you begin
- Intermediate knowledge of Power BI Desktop (data loading, basic DAX, report building).
- Basic understanding of statistical concepts is beneficial but not strictly required.
- Power BI Desktop installed on your computer.
- Optional: R or Python environment (e.g., RStudio, Anaconda) if you wish to follow advanced scripting examples.
LEARNING EXPERIENCES
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How will I learn?
Work through the course sections and activities in your Onlearn course player, at your own pace. Your progress is saved to your account.
Is this a subscription?
No. Each course is purchased separately with one payment.