These slides are part of the ESTIEM Lean Six Sigma Green Belt course which also includes 13hr of video by Gregory H. Watson. For more info about the ESTIEM Lean Six Sigma Green Belt course visit https://internal.estiem.org/leansixsigma

1. European Students of Industrial Engineering and Management
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Regression Analysis
for publication
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2. European Students of Industrial Engineering and Management
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It’s Feedback time!
2
Persons giving feedback
Link to the feedback form
(can be found on Schoology and
WhatsApp)
Instructor to give feedback toPersons giving feedback
INSTRUCTOR 1
INSTRUCTOR 2

3. European Students of Industrial Engineering and Management
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What is Regression Analysis?
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4. European Students of Industrial Engineering and Management
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Regression Analysis
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How the change in X affects
the Y measure?
E.g. temperature of the oven (X),
Baking time of bread (Y)

5. European Students of Industrial Engineering and Management
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What practical examples there
could be for the
Regression Analysis?
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Hostel situation in Europe
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Y measure: satisfaction
x factors:
• Number of showers/toilets
• Number of roommates
• Snoring level
• Privacy
• …

7. European Students of Industrial Engineering and Management
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Regression Analysis can be used to
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Find the optimal
value for X
Prediction
Choose the
vital X’s

8. European Students of Industrial Engineering and Management
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8
Find the optimal
value for X
Prediction
Choose the
vital X’s

9. European Students of Industrial Engineering and Management
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Find the optimal
value for X
Prediction
Choose the
vital X’s
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10. European Students of Industrial Engineering and Management
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10
Find the optimal
value for X
Prediction
Choose the
vital X’s

11. European Students of Industrial Engineering and Management
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Let´s talk about some Regression basics.

12. European Students of Industrial Engineering and Management
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Interpreting Regression Analysis Output
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Regression
equation

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Interpreting Regression Analysis Output
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Regression
equation
Y-intercept

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Interpreting Regression Analysis Output
14
Regression
equation
Y-intercept
Slope of the line

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Interpreting Regression Analysis Output
15
Plotted line of the
regression equaltion

16. European Students of Industrial Engineering and Management
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Interpreting Regression Analysis Output
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Confidence interval of
the prediction line

17. European Students of Industrial Engineering and Management
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Interpreting Regression Analysis Output
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Prediction interval for
the next data point

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Interpreting Regression Analysis Output
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Coefficient of
Determination (R2)
adjusted

19. European Students of Industrial Engineering and Management
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Interpreting Regression Analysis Output
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Regression
equation
Y-intercept
Slope of the line
Potted line of the
regression equaltion
Coefficient of
Determination (R2)
Confidence interval of
the regression equation
Prediction interval for
the next data point

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Time to work…
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SPONSOR MESSAGE
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22. European Students of Industrial Engineering and Management
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It’s Feedback time!
22
Persons giving feedback
Link to the feedback form
(can be found on Schoology and
WhatsApp)
Instructor to give feedback toPersons giving feedback
INSTRUCTOR 1
INSTRUCTOR 2

23. European Students of Industrial Engineering and Management
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It’s Feedback time!
23
Feedback box

24. European Students of Industrial Engineering and Management
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Usage license of the
materials
https://creativecommons.org/licenses/by-nc/4.0/legalcode
Contact leansixsigma@estiem.org
for commercial usage of the materials
Materials of the trainings have been created based on the materials provided by
ESTIEM Summer Academy Professor Gregory H. Watson