Business Statistics For Dummies Extras

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Business Statistics For Dummies Cheat Sheet

Statistics make it possible to analyze real-world business problems with actual data so that you can determine if a marketing strategy is really working, how much a company should charge for its products [more…]

Business Statistics: Use Regression Analysis to Determine Validity of Relationships

Regression analysis is one of the most important statistical techniques for business applications. It's a statistical methodology that helps estimate the strength and direction of the relationship between [more…]

Business Statistics: Modeling Asset Returns with Normal Distribution

Market participants — equity analysts, risk managers, portfolio managers, traders, and economists — must be able to accurately measure and model the risk and return of financial assets. As a starting point [more…]

Business Statistics: Assess Financial Risk with the VaR Methodology

In the field of risk management, you can measure the risk of a portfolio with the Value at Risk (VaR) methodology. The standard VaR model (known as the [more…]

Applying Hypothesis Testing in Business Statistics

Hypothesis testing isn't just for population means and standard deviations. You can use this procedure to test many different kinds of propositions. For example, a jury trial can be seen as a hypothesis [more…]

Business Statistics: Is Forecasting Market Prices Truly Achievable?

Depending on your school of thought, forecasting market prices can be either a waste of time or the key to financial success. Either way, knowing about each camp is useful as you learn about business statistics [more…]

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