by TheBusinessProfessor | Feb 23, 2025 | Research, Quantitative Analysis, & Decision Science
What is Weighted Average?In arithmetic or mathematical calculation, a weighted average refers to average results realized when each datum is multiplied by an established weight. The multiplication is done before the average of the data set is calculated. Although the...
by TheBusinessProfessor | Feb 23, 2025 | Research, Quantitative Analysis, & Decision Science
What is a Multivariate Model?The multivariate model is a widely used statistical measure that consider multiple variables for arriving at feasible results. Financial analysts utilize multivariate models in order to assess several scenarios for predicting investment...
by TheBusinessProfessor | Feb 23, 2025 | Research, Quantitative Analysis, & Decision Science
What is an A Fortiori Analysis?A Fortiori analysis is an analysis done to deliberately favor other sets of solutions when compared to that which has already been declared to be the best. It helps one to extensively compare the benefits and limitations of other...
by TheBusinessProfessor | Feb 23, 2025 | Research, Quantitative Analysis, & Decision Science
What is A Priori Probability?A priori Probability refers to the logical estimation of an incidents probability. It can also be explained as a situation where one estimates a circumstance or current information about the position of something. This probability deals...
by TheBusinessProfessor | Feb 23, 2025 | Research, Quantitative Analysis, & Decision Science
What is the Box Jenkins (B-J) Model?The Box-Jenkins Model is a mathematical model used for forecasting of data following specified time series. This model reflects predictable cycles, trends and patterns of time series data. The Box-Jenkins Model analyses and...
by TheBusinessProfessor | Feb 23, 2025 | Research, Quantitative Analysis, & Decision Science
What is Bartlett’s Test?The Bartlett’s Test is a method used in statistics to evaluate whether variances are similar or equal in the available samples. Bartlett’s Test statistics tests for equality of variances across population. Bartlett’s...
