The Forecasting and Predictive Analytics Certificate (15.0 CPE Credits) will teach you fundamental techniques used for predictive analytics: regression, classification, clustering, optimization, and simulation. Beginning with basic models for revealing and establishing relationships, you will learn to apply increasingly sophisticated modeling techniques for practical data analysis, as well as commonly encountered problems so you can determine the fit and usefulness for prediction of your models, and apply them to typical business problems.
This certificate is Part 4 of the Data Analyst Certificates Bundle dash; a comprehensive five-part program that provides training and practical guidance on the topic of data analytics.
As you develop your understanding of applied predictive analytics, you'll learn how to perform basic forecasting using time-based data to predict future values from a model. You will also learn how to model and calculate scenarios based on distance and space. You will get practice with classification, including naive Bayesian classification; create basic decision trees; and use various techniques for clustering and linear optimization to solve common business problems; as well as learn techniques for assessing the effectiveness of your solutions.
Note: It is recommended that you complete the Data Analytics Modeling Certificate, or ensure you have equivalent knowledge and skills, before starting this certificate course.
Learning Labs*
This is an interactive learning program that includes bonus hands-on learning labs that will expose you to the tools needed to implement an analytics practice in a practical way and equip you to deploy those tools as needed within your organization. You will practice using various technologies for preparing, analyzing and managing datasets in the real world.
*Time spent on learning labs does not award CPE and completing learning labs is not a requirement for earning the certificate.
WHO WILL BENEFIT
Accounting and finance professionals, especially those interested in learning and applying data analysis techniques to help their businesses make informed, data-driven business decisions.
KEY TOPICS
Predictive analytics techniques
Forecasting with data models
Finding relationships in data
Bivariate and multivariate linear regression
KNN classification
Clustering
Decision trees
Training models
LEARNING OBJECTIVES
Identify the different techniques of predictive analytics: regression, classification, clustering, optimization, and simulation.
Calculate varying types of regressions using R and Excel.
Apply classification and clustering algorithms.
Apply business process optimization to problems by identifying goals and constraints.
Analyze the various probabilities of outcomes by applying Monte Carlo simulation.
Calculate performance of predictive analytic algorithms.
Digital Badge: Your Professional Distinction
Set yourself apart as a future-ready financial professional. Upon completion, you will be awarded with a certificate in the form of a digital badge. Digital badges allow you to distinguish yourself in the marketplace and show your commitment to quality. The badge can be posted to your social media profiles and linked to your resume or email signature, providing maximum visibility to your achievement.
Credit Info
CPE CREDITS: Online: 15.0 (CPE credit info)
NASBA FIELD OF STUDY: Statistics
LEVEL: Intermediate
PREREQUISITES: Recommended: Complete the Data Analytics Modeling Certificate or ensure you have equivalent knowledge and skills.
ADVANCE PREPARATION: None
DELIVERY METHOD: QAS Self-Study
COURSE ACRONYM: DALP-S4
Online Access Instructions
A personal pin code is enclosed in the physical packaging that may be activated online upon receipt. Once activated, you will gain immediate online access to the product for one full year.
System Requirements
AICPAPsquo;s online CPE courses will operate in a variety of configurations, but only the configuration described below is supported by AICPA technicians.
A stable and continuous internet connection is required. In order to record your completion of the online learning courses, please ensure you are connected to the internet at all times while taking the course. It is your responsibility to validate that CPE certificate(s) are available within your account after successfully completing the course and/or exam.
Supported Operating Systems:
Macintosh OS X 10.10 to present
Windows 7 to present
Supported Browsers:
Apple Safari
Google Chrome
Microsoft Internet Explorer
Mozilla Firefox
Required Browser Plug-ins:
Adobe Flash
Adobe Acrobat Reader
Technical Support: Please contact service@aicpa.org.
