What Is Standard Deviation? When studying a dataset (collection of data), there are several measurements statisticians use in order to interpret it. The most common one is the mean. Let’s look at it with an example: Let’s say we want to know how many pens...
A point estimate is a mathematical function used from a sample to derive a value like wages or height in the population. It is a calculation from a sample taken from the main population, trying to give you a value from tha main population. Let’s say we get talke...
What is A Priori Probability? In Statistics, there are key concepts important to know that we can use in our everyday lives so that anytime an investor is about to make a decision, he can have a better approach to the reasoning process. A priori Probability, from the...
This is the framework to choose the right statistical test: 1 – Choose the type of data Statistical variables can be classified as either measurable (continuous) or categorical(nominal or ordinal). Categorical variables – these variables are...
Probability Sampling 1. Random Selection – every member has an equal chance of being selected. 2. Ideal for quantitative research 3. Opportunity of Selection – Fixed and Known 4. Research – Conclusive 5. Result – Unbiased 6. Method –...
In Econometrics and Finance analysis of large sets of data is required in order to identify the various financial indices. In this article, we will cover the various types of data used in the field of econometrics including Cross-sectional data, time-series data, and...
Track-Record: Working as a consultant since 2004 Sold first company in 2015 Joined the insurance sector in 2017
Current Focus and 2022 Objectives: Candidate to the MDRT €2.0M in Life Insurance Applications 104 Golden Visa Applications 208 SIFIDE II - Tax Applications €100M in Industrial/Commercial Real Estate Transactions
