Applied Regression Analysis for Business - Jacek Welc, Pedro J. Rodriguez Esquerdo

Applied Regression Analysis for Business

Tools, Traps and Applications
Buch | Hardcover
XI, 286 Seiten
2018 | 1st ed. 2018
Springer International Publishing (Verlag)
978-3-319-71155-3 (ISBN)
90,94 inkl. MwSt

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.

Jacek Welc obtained his Ph.D. in Economics for his thesis on "Autoregressive Distributed Lags in Forecasting Regional Business Cycles" in 2008 from the Wroclaw University of Economics, after having graduated there with a Master of Economics in 2003. Besides having published more than forty research papers, Welc has been active in professional corporate finance services, including financial statement auditing and company valuations, which mainly involve companies listed on the Warsaw Stock Exchange. Pedro J. Rodriguez Esquerdo obtained his Ph.D. in Mathematics in 1983 from the University of California, Santa Barbara, after he graduated with a Master in Statistics in 1980 and a Master in Economics in 1981. He published several academic textbooks on mathematics and statistics including "Estadistica Descriptiva. Una Introduccion Conceptual Al Analisis".

Preface.- Basics of regression models.- Relevance of outlying and influential observations for regression analysis.- Basic procedure for multiple regression model building.- Verification of multiple regression model.- Common adjustments to multiple regressions.- Common pitfalls in regression analysis.- Regression analysis of discrete dependent variables.- Real-life case-study: The quarterly sales revenues of Nokia Corporation.- Real-life case-study: Identifying overvalued and undervalued airlines.- Appendix: Statistical Tables.

Erscheinungsdatum
Zusatzinfo XI, 286 p. 58 illus. in color.
Verlagsort Cham
Sprache englisch
Maße 155 x 235 mm
Gewicht 613 g
Themenwelt Mathematik / Informatik Mathematik Finanz- / Wirtschaftsmathematik
Wirtschaft Allgemeines / Lexika
Wirtschaft Volkswirtschaftslehre Ökonometrie
Schlagworte Basics of regression • Business Forecasting • Multiple regression model • Outlying observations • Pitfalls in regression analysis • Real-life examples of business analysis • Regression Analysis • Regression analysis for business • Regression analysis of discrete dependent variable • Regression analysis of discrete dependent variables • Single-equation models • Statistical Analysis
ISBN-10 3-319-71155-5 / 3319711555
ISBN-13 978-3-319-71155-3 / 9783319711553
Zustand Neuware
Haben Sie eine Frage zum Produkt?
Mehr entdecken
aus dem Bereich
eine anwendungsorientierte Einführung

von Klaus Backhaus; Bernd Erichson; Sonja Gensler

Buch | Softcover (2023)
Springer Gabler (Verlag)
49,99