Financial Analysis
Statistical Techniques
AI for Performance Measurement
Value
Data Review
Time Series
Performance Measurement
Statistical Approaches for Business Planning
Applications 
Risk Assessment:
Financial institutions utilize ML to assess the risk of loan defaults by analyzing customer credit history and other relevant factors
...Behavior
Analysis: By understanding normal user behavior, ML can flag unusual activities for further investigation
...
Statistical Techniques 
This article covers various statistical techniques, their applications in business, and the importance of statistical
analysis in decision-making processes
...Finance Time Series Analysis, Risk Assessment Forecasting stock prices and assessing
financial risks
...
AI for Performance Measurement 
Traditional methods of performance measurement often rely on historical data and manual
analysis, which can be time-consuming and prone to human error
...Performance Measurement AI can be employed in various domains within a business for performance measurement, including:
Financial Performance: Analyzing revenue streams, expenses, and profitability to optimize financial health
...
Value 
Value can be measured in various ways, including
financial metrics, customer satisfaction, operational efficiency, and competitive advantage
...Prescriptive analytics plays a crucial role in maximizing value by providing actionable insights and recommendations based on data
analysis ...
Data Review 
plays a vital role in several areas within business analytics: Data Quality Assurance: Ensures that the data used for
analysis is accurate and reliable
...Financial Analysis: Reviewing financial data to support budgeting and forecasting
...
Time Series 
In the realm of business, business analytics, and machine learning, time series
analysis is a crucial technique used to analyze time-ordered data points
...Financial Analysis: Analyzing stock prices, interest rates, and economic indicators
...
Performance Measurement 
It is a crucial aspect of business management and is often used in conjunction with business analytics and statistical
analysis to guide decision-making and improve performance
...Financial Performance Measures These measures evaluate the financial health of an organization
...
Statistical Approaches for Business Planning 
These include: Descriptive Statistics Inferential Statistics Regression
Analysis Time Series Analysis Forecasting Decision Trees Cluster Analysis Descriptive Statistics Descriptive statistics provide a summary of the data collected, helping businesses understand the
...approaches are applied in various areas of business planning, including: Market Analysis Customer Segmentation
Financial Planning Product Development Advantages of Statistical Approaches The use of statistical approaches in business planning offers several advantages: Improved
...
Analytical Framework 
An analytical framework is a structured approach used in business analytics and data
analysis to guide the process of evaluating data and deriving insights
...Case Study 2:
Financial Services A financial institution utilized a diagnostic analytics framework to identify the reasons behind customer churn
...
Business Forecasting 
Business forecasting is the process of estimating future trends and outcomes based on historical data and
analysis ...Financial Planning: Aids in preparing budgets and financial forecasts
...
Nebenberuflich selbstständig 
Nebenberuflich selbständig ist, wer sich neben seinem Hauptjob im Anstellungsverhältnis eine selbständige Nebentigkeit begründet.