80 Fundamental Models for Business Analysts

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OBJECTIVE Identify customers and potential customers’ preferences for specific attributes of a product. It can also be used to define ...

OBJECTIVE Verify whether the difference in two groups is significantly different (in the case that the assumptions for parametric test...

OBJECTIVE Verify whether two or more groups are significantly different. DESCRIPTION While with a t-test we can only test ...

OBJECTIVE Verify whether the difference between the observed frequencies and the expected frequencies is significant or not. DES...

OBJECTIVE Define the optimal price range for a product or service. DESCRIPTION This method is useful in taking general pricin...

OBJECTIVE Verify whether two proportions are significantly different. DESCRIPTION This test has the same purpose as a t-test b...

OBJECTIVE Identify customers’ likelihood of making recommendations. DESCRIPTION Usually the value of customers is calculated...

OBJECTIVE Define the most appropriate business strategy based on the existence of markets and products. DESCRIPTION Ansoff’s ...

OBJECTIVE Analyze the interrelations among several variables and explain them with a reduced number of variables. DESCRIPTION A...