Sales Comparison With Basic Statistical Analysis
3 important questions on Sales Comparison With Basic Statistical Analysis
What is the meaning of using the sales comparison with statistical analysis?
Statistical inference (statistical estimating) provides objective measures of the reliability of the point estimate.
What is the advantage of using statistical analysis in the sales comparison
Statistical inference produces not only a point estimate of value (expected sales price), but also an interval range of values for the probability.
Which two parameters form the basis to determine a normally distributed population?
The two parameters are the mean and the standard deviation.
Try our study magic for free
a PDF, study it super fast
- No sign up, email or credit card needed!
- AI makes unlimited flashcards
- Get unlimited quizzes and tests
- Ask AI anything
Create a notebook
- No sign up, email or credit card needed!
- Have and keep perfect overview
- Make flashcards, notes and mind maps
- Review, test and score!
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
