Applied Regression Analysis for Business

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  • Applied Regression Analysis for Business Book Detail

  • Author : Jacek Welc
  • Release Date : 2017-12-29
  • Publisher : Springer
  • Genre : Business & Economics
  • Pages : 294
  • ISBN 13 : 3319711563
  • File Size : 62,62 MB

Applied Regression Analysis for Business by Jacek Welc PDF Summary

Book Description: This book offers hands-on statistical tools for business professionals by focusing on the practical application of a single-equation regression. The authors discuss commonly applied econometric procedures, which are useful in building regression models for economic forecasting and supporting business decisions. A significant part of the book is devoted to traps and pitfalls in implementing regression analysis in real-world scenarios. The book consists of nine chapters, the final two of which are fully devoted to case studies. Today's business environment is characterised by a huge amount of economic data. Making successful business decisions under such data-abundant conditions requires objective analytical tools, which can help to identify and quantify multiple relationships between dozens of economic variables. Single-equation regression analysis, which is discussed in this book, is one such tool. The book offers a valuable guide and is relevant in various areas of economic and business analysis, including marketing, financial and operational management.

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Praise for the First Edition "The attention to detail is impressive. The book is very well written and the author is extremely careful with his descriptions . .