Questions tagged [business-intelligence]
business intelligence is statistics and data analysis of business information.
2
questions
2
votes
3answers
424 views
Accuracy of a probability estimate
How can you classify the accuracy of a probability?
Say I do a study of people that like bananas in 2 different regions.
Region 1: 8 out of 10 people tested like bananas.
Region 2: 500 out of 1000 ...
3
votes
1answer
2k views
Standard deviation of revenue where numbers are only positive
Is there a way for standard deviation to ignore negative numbers? In other words, how can you make it so that 2 or 3 deviations do not extend into negative territory?
When looking at a set of only ...
