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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 worki...

• ### Statistics for Big Data For Dummies Cheat Sheet

Summary statistical measures represent the key properties of a sample or population as a single numerical value. This has the advantage of providing i...

• ### How Businesses Use Regression Analysis Statistics

Regression analysis is a statistical tool used for the investigation of relationships between variables. Usually, the investigator seeks to ascertain...

• ### Random Variables and Probability Distributions in

Random variables and probability distributions are two of the most important concepts in statistics. A random variable assigns unique numerical values...

• ### Explore Hypothesis Testing in Business Statistics

In statistics, hypothesis testing refers to the process of choosing between competing hypotheses about a probability distribution, based on observed d...

• ### 3 Ways to Describe Populations and Samples in Busi

When you’re working with populations and samples (a subset of a population) in business statistics, you can use three common types of measures t...

• ### Business Statistics: Assess Financial Risk with th

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 th...

• ### Understand Sampling Distributions in Business Stat

In statistics, sampling distributions are the probability distributions of any given statistic based on a random sample, and are important because the...

• ### Business Statistics: Is Forecasting Market Prices

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 abou...

• ### Business Statistics: Modeling Asset Returns with N

Market participants — equity analysts, risk managers, portfolio managers, traders, and economists — must be able to accurately measure and...