1 00:00:04,650 --> 00:00:06,750 Hello, this is Dimitris. 2 00:00:06,750 --> 00:00:10,830 This week, our lectures focus on applications of analytics 3 00:00:10,830 --> 00:00:12,620 into interesting areas. 4 00:00:12,620 --> 00:00:14,950 In the first lecture, we'll describe 5 00:00:14,950 --> 00:00:18,060 how a Princeton professor used linear regression 6 00:00:18,060 --> 00:00:20,190 to predict the quality of wine. 7 00:00:20,190 --> 00:00:22,960 In the second lecture, we'll discuss the story 8 00:00:22,960 --> 00:00:26,140 of Moneyball, and how data and analytics was 9 00:00:26,140 --> 00:00:29,060 used to create a championship team. 10 00:00:29,060 --> 00:00:30,930 Through these examples, we will teach you 11 00:00:30,930 --> 00:00:32,790 the method of linear regression. 12 00:00:32,790 --> 00:00:36,750 In both lectures, we'll use data to replicate the models in 13 00:00:36,750 --> 00:00:42,010 R, and so how simple analytics can create a significant edge. 14 00:00:42,010 --> 00:00:44,010 Let's get started.