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GSB420 - Business Statistics | gsb420.blogspot.com Reviews
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GSB 420 - Notes from Applied Quantitative Analysis - Winter 2008
gsb420.blogspot.com
GSB420 - Business Statistics: Lecture 2 - Ch 4 - Independency
http://gsb420.blogspot.com/2008/01/lecture-2-ch-4-independency.html
GSB420 - Business Statistics. GSB 420 - Notes from Applied Quantitative Analysis - Winter 2008. Sunday, January 13, 2008. Lecture 2 - Ch 4 - Independency. A and B are independent events if and only if P(A B) = P(A). We also learned that if A is independent of B, then B is independent of A. Meaning,. P(A B) = P(A) implies P(B A) = P(B). The proof the statement above was given as a pop quiz. See next post for the solution. (I know. you can't wait! Another check for independency can be derived as follows:.
GSB420 - Business Statistics: Lecture 3 - CH 4 - Bayes' Theorem
http://gsb420.blogspot.com/2008/01/lecture-3-bayes-theorem.html
GSB420 - Business Statistics. GSB 420 - Notes from Applied Quantitative Analysis - Winter 2008. Wednesday, January 23, 2008. Lecture 3 - CH 4 - Bayes' Theorem. Bayes' Theorem allows us to calculate P(B A) when we don't have the usual information that would allow us to calculate it. I.e. we don't know P(B and. We know P(B A) = P(B and. We'll derive alternative expressions for both the numerator and the denominator. Since P(A B) = P(A and. B) / P(B) and P(A and. B) = P(B and. A) = P(A B)P(B). Now, back to ...
GSB420 - Business Statistics: Lecture 2 - Ch 4 - Conditional Probability
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GSB420 - Business Statistics. GSB 420 - Notes from Applied Quantitative Analysis - Winter 2008. Sunday, January 13, 2008. Lecture 2 - Ch 4 - Conditional Probability. Given two events, A and B:. The probability of A, given that B has occurred is denoted by P (A B) and is calculated as:. Intuitively, we understand this as follows:. Look at the Venn diagram in the previous post. Once we know that B has occurred (since that's a given), B is our new sample space. And the only way for A to occur now is. Excel ...
GSB420 - Business Statistics: Lecture 1 - Ch 1 - Basic Definitions
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GSB420 - Business Statistics. GSB 420 - Notes from Applied Quantitative Analysis - Winter 2008. Tuesday, January 8, 2008. Lecture 1 - Ch 1 - Basic Definitions. Here are some basic definitions of terms used in the study of statistics:. For example, we may want to know about the voting preferences among voters in the US. The population. Is all the people who are registered to vote in the upcoming election. Since we can't feasibly ask each and every one about their preferences, we ask a sample. Uses sample ...
GSB420 - Business Statistics: Lecture 1 - Quiz
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GSB420 - Business Statistics. GSB 420 - Notes from Applied Quantitative Analysis - Winter 2008. Tuesday, January 8, 2008. Lecture 1 - Quiz. Coefficient of Variation = 10%. We know the relationship between the coefficient of variation, standard deviation and the mean:. We also know that the standard deviation is simply the square root of the variance:. Therefore, combining these two formulas and plugging in our givens, we get:. 10 = (sqroot(25) / mean) * 100. 10 = (5/mean) * 100. 10 = 500 / mean. Lecture ...
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ACC 500 - Financial Accounting: Studying for the Final - Part 3
http://acc500.blogspot.com/2008/11/studying-for-final-part-3.html
ACC 500 - Financial Accounting. Financial Accounting - Fall 2008. Thursday, November 20, 2008. Studying for the Final - Part 3. Journal Entries to Know:. Dividends at declaration, record and payment dates. Recording and payment of wages. Payroll Taxes and Benefits. Initial purchase of a long-term asset. Depreciation of a Long-Term Asset. Ordinary repair and maintenance of long-term assets. Extraordinary repair that extends useful life of assets. Additions and betterments of long-term assets. Lecture 10 -...
ECO509 - Business Conditions Analysis: Lecture 10 - AD-AS Model
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Wednesday, June 4, 2008. Lecture 10 - AD-AS Model. Final starts from the "Money and Inflation" lecture. The final will be predominantly multiple choice, less analysis. See AD-AS Diagram on page 12 of packet. How does a stock/housing boom cycle work? At point 2, Y is greater than Ybar (expected output). There may even be unemployment less than the "natural" minimum, U. At this point you're at full employment level. No extra workers. In the absent of any monetary of fiscal policy intervention, you ...At th...
ECO509 - Business Conditions Analysis: Lecture 8 - Foreign Exchange Rates
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Wednesday, May 21, 2008. Lecture 8 - Foreign Exchange Rates. As of 5/15/2008,. Exchange rate, e. Euro/$ = 0.6469. Dollar depreciation makes US products less expensive in Japan, if other things are equal. I.e. for given domestic and foreign price levels. Real exchange rate ε (epsilon) = e. Ex: Assume Ford Taurus and Toyota Camry are essentially equivalent products. Camry: 2.5m Yen. I) e = 100. 100(20,000)/(2.5m) = 2m/2.5m = 0.8. Therefore, the Taurus is cheaper than the Camry. A strong dollar policy.
ECO509 - Business Conditions Analysis: Lecture 9 - The Business Cycle (continued)
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Wednesday, May 28, 2008. Lecture 9 - The Business Cycle (continued). See graph (packet page 8) on the Volatility of Investment and the correlation with GDP. I) Investment accelerator factor. I (gross investment) = ΔK λK. ΔK is net investment. Depreciation is usually about 10%. ΔK = α (K*-K. K* = desired level of K. Capital at the end of previous period. Α = speed adjustment. If Y, output/GDP, falls by 1-2% in a year. Then K* goes down by 1% ( huh? Which is worth about $275 billion. In the P vs. AD gr...
ECO509 - Business Conditions Analysis: Lecture 8 - Foreign Exchange Rates (cont.)
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Wednesday, May 21, 2008. Lecture 8 - Foreign Exchange Rates (cont.). China holds 31% of the US trade deficit. Compare to the appreciation of their currency. Euro Areas holds about 11%. Japan 10.4%. Mexico 9.5%. Spot Exchange Rate vs Forward Exchange Rate. Spot exchange rate: Executed immediately. Forward exchange rate: A future date is specified for delivery of funds. Why use forward exchange rates? I) Suppose e = 100 yen/$; you have to pay $10k. We graphed exchange rate (euro/$) vs foreign exchange mkt ...
ECO509 - Business Conditions Analysis: Foreign Exchange Background from the Federal Reserve Bank of NY
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Wednesday, May 28, 2008. Foreign Exchange Background from the Federal Reserve Bank of NY. For additional reading on the foreign exchange market, I found the following two resources at the NY Fed:. All About…The Foreign Exchange Market in the United States. Discusses in detail the operations, participants and instruments in the U.S. segment of the global foreign exchange market. All About…The Foreign Exchange Market in the United States. Wednesday, May 28, 2008. Labels: Foreign Exchange Market. Technology...
ECO509 - Business Conditions Analysis: Lecture 9 - The Business Cycle
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Wednesday, May 28, 2008. Lecture 9 - The Business Cycle. We graphed GDP (potential and actual) vs. time. Potential GDP is at full employment and output. Ybar = AF(Kbar, Lbar). The Business cycle is the regular repetition of the cycle of contraction, recession, recovery and expansion. There's no set amount of time for each of these phases. We want to know: What drives the actual GDP around the potential GDP. Output gap = Y - Ybar, where Ybar is the potential GDP. Short Run vs. Long Run. MxVbar = Pbar x Y.
ACC 500 - Financial Accounting: October 2008
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ACC 500 - Financial Accounting. Financial Accounting - Fall 2008. Thursday, October 30, 2008. Lecture 8 - Bonds. Bonds - Definition of Terms. Bond Certificate - paper acknowledging the debt (typically has railroad cars on it). Bond Issue - total amount issued at one time. Bond Indenture - legal document describing the rights of bondholders and restrictions on them. Secured vs. Unsecured - unsecured are call debenture bonds. Bond rate may be more or less than the market rate for comparably risky assets.
ACC 500 - Financial Accounting: September 2008
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ACC 500 - Financial Accounting. Financial Accounting - Fall 2008. Thursday, September 25, 2008. Lecture 3 - Accounting for Inventory. In the same way we created metrics for Accounts Receivable, we create the same measures of inventory. Cost of Good Sold / Average Inventory. Cost of Goods Sold (COGS) is the price that the goods cost the company, not the price at which they were sold. Similarly, Number of Days in Inventory. 365 / Inventory Turnover. Inventory Systems - Perpetual vs. Periodic. Note: The yea...
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Stumbling along the sidewalk – It's a bumpy world out there
Stumbling along the sidewalk. It's a bumpy world out there. A Guide to “Unpoetry”. A Guide to “Unpoetry”. In the maze of my mind,. There is this dark thing. That follows me around. It changes hats, periodically. Sometimes it’s anxiety,. Sometimes it’s depression,. Sometimes it’s hypomania. All of the time it feels like. A heavy weight pushing me down. It cringes at new experiences,. It wonders if I will make it. It hurts and it cries,. And it whines and complains. Oh, how lovely. To have a mental illness!
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Course Blog
GSB 41000 - Business Statistics. Wednesday, September 30, 2009. Welcome everyone to a new quarter of Business Statistics with Prof. Bester. On this blog you'll find faq from previous quarters, additional links, announcements, explanations etc. which I might refer to in the review sessions. Saturday, December 6, 2008. My slides from the final exam review can be downloaded here. Wednesday, October 1, 2008. Reading new blog posts in Outlook. Sunday, September 28, 2008. Saturday, March 15, 2008. Subscribe to...
GSB420 - Business Statistics
GSB420 - Business Statistics. GSB 420 - Notes from Applied Quantitative Analysis - Winter 2008. Sunday, November 6, 2011. The New GSB420 Blog. After several months, even years, of inactivity, I've decided to revive and revise this blog and restructure it in a logical sequence, rather than continue with the reverse chronological order which is the standard format for blogs. My goal is to make it easier for readers to find the material that they're looking for. Lecture 1 - Additional Notes and Research.
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The Ramblings of a Runaway Slave
The Ramblings of a Runaway Slave. November 9, 2011. The corral, more bronze than golden when you get down to it. Sitting in the middle of the place right where I could see the “New” Chocolate Fountain that has been all over the TV as of late. I actually had wondered what had kept me from seeking out a ‘Corral” in over a year while I lived in Minnesota…. Some Fave songs And Singers (The Goddesses-Sarah Mclachlan). July 31, 2011. July 28, 2011. July 20, 2011. So I look through my spam folder, in the off ch...
