UNIVERSITY OF LIBERAL ARTS BANGLADESH SCHOOL OF BUSINESS MBA PROGRAM ANALYTICAL TECHNIQUES (MBA 303) TONMOY TOUFIC CHOUDHURY tonmoy.tc@gmail.com ;P-01611297296 SPRING 2012 UNIT DESCRIPTION Analytical techniques at this level attempts to supplement earlier study of the elements of statistical sampling and other mathematical techniques. While, this unit provides opportunities for students to deal with situations involving probability, descriptive and inferential statistics, regression analysis
Words: 519 - Pages: 3
* Definition of overconfidence In business or trading, an overestimation of one's abilities and of the precision of one's forecasts. Overconfident people set overly narrow confidence intervals in making predictions. They tend to overweigh their own forecasts relative to those of others. The self-serving attribution bias, under which individuals attribute past successes to their own skills and past failures to bad luck, can lead to overconfidence. In the context of financial markets, the confidence
Words: 949 - Pages: 4
contribution of our paper, we propose a simulation-based approach to approximate transition function of output shocks between finite states, which is an indispensable step in discrete state dynamic programming. Comparing to Tauchen’s method, our approach is very flexible in transforming various econometric models to finite state transition function, so that our approach can be widely used in simulating different kinds of discrete state shocks. JEL Classification: E44, F32, F34 Keywords: Sovereign Default
Words: 8723 - Pages: 35
advised that students should go through this material at the end of each class. As for general reading, the reader is advised to go according to the chapters. Chapters have been arranged in the order of higher complexity. So the initial chapters are very important. In this book, the statistical procedures have been implemented on SAS. The explanations of the codes have been from the perspective of a data modeler. For the perspective of a programmer, the students are advised to go
Words: 24975 - Pages: 100
11/8/2014 Bilkent University Department of Electrical and Electronics Engineering EEE418 Telecommunications I Project#1 Report Student Name: Mehmet Yasin Tuzmen Student ID: 21001179 Professor’s Name: Tolga Mete Duman Table of Contents I. Introduction .......................................................................................................................................... 2 II. Outline........................................................................
Words: 3631 - Pages: 15
Probability and Statistics for Finance The Frank J. Fabozzi Series Fixed Income Securities, Second Edition by Frank J. Fabozzi Focus on Value: A Corporate and Investor Guide to Wealth Creation by James L. Grant and James A. Abate Handbook of Global Fixed Income Calculations by Dragomir Krgin Managing a Corporate Bond Portfolio by Leland E. Crabbe and Frank J. Fabozzi Real Options and Option-Embedded Securities by William T. Moore Capital Budgeting: Theory and Practice by Pamela P. Peterson and
Words: 176154 - Pages: 705
Extension of the Snow Fun Ski Resort Problem Suppose that the operating cost of the snowmaking equipment is actually 30% higher than the owner had estimated, that is, $13,000 if the snowfall is heavy, $65,000 if it is moderate, and $117,000 if it is light. How will the increased operating cost affect the owner’s optimal decision? As shown above, the best decision now is to let the larger hotel run the ski resort and the profit is $45,000 Calculate the EVPI, and determine that maximum amount that
Words: 1488 - Pages: 6
PROBABILITY SEDA YILDIRIM 2009421051 DOKUZ EYLUL UNIVERSITY MARITIME BUSINESS ADMINISTRATION CONTENTS Rules of Probability 1 Rule of Multiplication 3 Rule of Addition 3 Classical theory of probability 5 Continuous Probability Distributions 9 Discrete vs. Continuous Variables 11 Binomial Distribution 11 Binomial Probability 12 Poisson Distribution 13 PROBABILITY Probability is the branch of mathematics that studies the possible outcomes of given events together
Words: 3252 - Pages: 14
Case Study#2 The XYZ Company Katharine Rally is the vice president of operations for the XYZ Company. She oversees operations at a plant that manufactures components for hydraulic systems. Katharine is concerned about the plant’s present production capability. She has reduced the decision situation to three alternatives. The first alternative, which is fully automation, would result in significant changes in present operations. The second alternative, which is semi-automation, involves fewer
Words: 2251 - Pages: 10
Real numbers, i.e. heights, weights, prices Box plot -Values are real numbers Outliers: -All calculations are valid less than 25th Percentile-Data may be treated as ordinal or nominal 1.5*interquatile Ordinal Data: order poor = 1, fair = 2, good = 3, very good = 4 or -Values must represent the ranked order of the data. Larger than 75th -Calculations based on an ordering process are valid. Percentile+1.5*interquatile -Data may be treated as nominal but not as interval. Nominal Data: Single = 1, Married
Words: 2026 - Pages: 9
