Statistical modeling is a statistical technique that is used by organizations to interpret the data collected from the market or through customers to develop organizational strategies based on it.
In data analysis, different statistical methods are applied to study the relationship between variables, make future predictions from the data, and generate reports so that stakeholders and non-analysts can also understand the interpretations.
In normal life, we make decisions based on our intuition which are often misleading. In the corporate world, marketing strategies or investment options. It's easy to say “I think this” but it takes time to analyze data that is necessary to correct your direction.
What are the major advantages and disadvantages of diversification?
List six desired results of “ethics training programs” in terms
List six major benefits of acquiring another firm to achieve desired objectives
Why is it important not to view the concept of “whistle
Let’s say you work for McDonald’s and you applied Porter’s Five-
What strategies do you believe can save newspaper companies from extinction?
What factors make it most likely that (a) Acquisitions
Why is it essential for organizations to segment markets and target particular
Develop an improved J. Crew mission statement
Plot the position of the following companies on Figure 8.3
