Financial Forecasting
Advanced Statistical Techniques for Decision-Making
Perspectives
Predictive Algorithms
Operations
Drive Competitive Intelligence with Data
Improving Business Agility Through Data
Machine Learning for Decision Making
Applying Data Analysis to Real-World Problems 
Sales
forecasting, risk assessment
...By analyzing
financial data, businesses can make strategic investment decisions
...
Advanced Statistical Techniques for Decision-Making 
Regression analysis is widely used in various business applications, such as sales
forecasting, risk management, and marketing strategy development
...Applications of factor analysis include: Market Research Psychometrics
Financial Analysis For more insights on factor analysis, visit factor analysis
...
Perspectives 
Sales
forecasting, risk assessment
...Case Study 2:
Financial Services A financial institution applied diagnostic analytics to understand the reasons behind customer churn
...
Predictive Algorithms 
Time Series Analysis: This technique analyzes time-ordered data to identify trends and seasonal patterns, often used in
financial forecasting ...
Operations 
Risk assessment, demand
forecasting ...Financial Analysis: Using analytics to assess financial performance and risk management
...
Drive Competitive Intelligence with Data 
CRM systems, feedback surveys
Financial Data Data related to the financial performance of competitors
...Scenario Planning: A method for
forecasting potential future scenarios based on current data and trends
...
Improving Business Agility Through Data 
By
forecasting demand and optimizing production schedules, the company reduced lead times by 30%, allowing for quicker responses to market changes
...Financial Services A financial institution adopted prescriptive analytics to enhance its risk management processes
...
Machine Learning for Decision Making 
Optimize pricing strategies based on demand
forecasting ...Financial Analysis In finance, machine learning is used for: Credit scoring and risk assessment
...
Effective Decision-Making Tools 
These tools can help businesses make proactive decisions by
forecasting trends and behaviors
...Applications of Monte Carlo simulation include:
Financial forecasting
...
Analyzing Operational Data with BI 
It encompasses various types of data, including: Transactional data Customer data Supply chain data
Financial data Employee performance data 2
...Sales
forecasting, risk assessment Prescriptive Analytics Recommends actions based on data analysis to achieve desired outcomes
...
Mit guten Ideen nebenberuflich selbstständig machen
Der Trend bei der Selbständigkeit ist auf gute Ideen zu setzen und dabei vieleich auch noch nebenberuflich zu starten - am besten mit einem guten Konzept ...