Applied Regression Analysis For Business: Tools, Traps And Applications

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.

• | Author: Jacek Welc, Pedro J. Rodriguez Esquerdo
• | Publisher: Springer
• | Publication Date: Jun 06, 2019
• | Number of Pages: 297 pages
• | Language: English
• | Binding: Paperback
• | ISBN-10: 3319890417
• | ISBN-13: 9783319890418