What is an Incremental Dollar Worth?
Whether you are an employee, a business owner, or a shareholder, you may have wondered what an incremental dollar of investment is worth to...
Contribution Margin
In business we hear the terms “top line growth” and “bottom line growth”, and what these are referring to is Sales (top line) and...
Gross Margin Variance Analysis
When a company improves their Gross Margin, they may wonder whether this was due to an increase in their sales (due either to an...
Data Normalization and Standardization
When approaching data for modeling, some standard procedures should be used to prepare the data for modeling:
First the data should be filtered, and...
The Federal Reserve
To determine whether the Federal Reserve adds value to the United States, or not, one would need to compare statistics from before and after...