Business

Reproducibility is tested by a replication study, which must be completely independent and generate identical findings known as commensurate results. It is one of the…

Coefficient of Variation represents the ratio of the standard deviation to the mean, and it is a useful statistic for comparing the degree of variation…

Reliability in Statistics  is frequently used in research contexts, in everyday use, the word “reliable” means dependable, consistent or unfailing. It is the characteristic of…

Logistic Distribution is inappropriate for modeling lifetime data because the left-hand limit of the distribution extends to negative infinity. It provided that the distribution in…

Large Deviations Theory applications use in many different scientific fields, ranging from queuing theory to statistics and from finance to engineering. It is also increasingly…

Extreme Value Theory  is useful in modelling the impact of crashes or situations of extreme stress on investor portfolios. It seeks to assess, from a…

Product Certification can offer the customer formal documentation that the product they have purchased has been tested by qualified personnel to the applicable codes and…

Village Banking is a microcredit methodology where groups of low-income entrepreneurs who come together to share and guarantee one another’s loans—became engines of development. It…

This article talks about Solidarity Lending, which is a hallmark of microfinance, developed in response to an economically poor target market that needed business loans…

Crowdfunding is a form of alternative finance, which has emerged outside of the traditional financial system. It is a way of raising finance by asking…

Microcredit is one component of microfinance, which also includes other financial services such as savings accounts, insurance and money transfers. It is designed not only…

Behavioral Risk Management is an attempt to respond with a planned comprehensive approach to the continuum of behaviors that could lead to hostility and violence…