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Financial Statements: Types, Examples, and Analysis

FineReport

Financial statements constitute a pivotal segment within corporate reports. Despite serving as a vital reflection of a company’s operational health, financial statements offer a more direct and nuanced portrayal of its operations compared to operational reports.

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What is the Paired Sample T Test and How is it Beneficial to Business Analysis?

Smarten

This article discusses the Paired Sample T Test method of hypothesis testing and analysis. At 95% confidence level (5% chance of error): As p-value = 0.041 which is less than 0.05, there is a statistically significant difference between means of pre and post sample values. What is the Paired Sample T Test? Use Case – 1.

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What is Multiple Linear Regression and How Can it be Helpful for Business Analysis?

Smarten

This article describes the analytical technique of multiple linear regression. What is Multiple Linear Regression Analysis? Multiple Linear Regression is a statistical technique that is designed to explore the relationship between two or more variables (X, and Y). Use Case – 1.

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What is Spearman’s Rank Correlation and How is it Useful for Business Analysis?

Smarten

This article describes the Spearman’s Rank Correlation and how it is used for enterprise analysis. Correlation is a statistical measure that indicates the extent to which two variables fluctuate together A positive correlation indicates the extent to which those variables increase or decrease in parallel.

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How Do Super Rookies Start Learning Data Analysis?

FineReport

Taking FineReport as an example, it is a BI reporting tool that can connect to various data sources, quickly analyze the data, and make various reports and cool dashboards. You can complete real-time report through simple drag and drop operations. It can produce a variety of complex reports. Reporting of FineReport.

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What is the Chi Square Test of Association and How Can it be Used for Analysis?

Smarten

This article describes chi square test of association and hypothesis testing. It is used to determine whether there is a statistically significant association between the two categorical variables. This technique is used to determine if the relationship exists between any two business parameters that are of categorical data type.

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What is ARIMAX Forecasting and How is it Used for Enterprise Analysis?

Smarten

This article looks at the ARIMAX Forecasting method of analysis and how it can be used for business analysis. For more information about data trend and pattern analysis techniques, read our article entitled, ‘ What Are Data Trends and Patterns, and How Do They Impact Business Decisions?’