Sat.Jun 15, 2019

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Statistics 101 – Inference and Hypothesis Testing (Part 1 of 3)

Tom Spencer

As a generalist consultant you are unlikely to need any statistics for day-to-day project work (there are specialists to call on for situations where it’s needed). The workaday numerical tool is Excel which, with the “Analysis Toolpak”, gives most consultants more than enough of what they need. However, you are likely to build a lot of financial models (again using Excel).

Banking 60
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Investing in slack

Seth Godin Blog

If your delivery drivers have to do six deliveries a day, they’ll rush from the first moment. They’ll be super efficient at easily measurable metrics. They’ll cut a few corners. If they only have to make five deliveries, you can ask them to spend that ‘down’ time doing things your customers will actually remember. They can invest in less easily measurable metrics.

Metrics 31
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Health Economics Part I – Introduction

Tom Spencer

This post is the first in a series of articles exploring concepts of one of the lesser known fields of economic study – health economics. When one thinks of economics their mind usually turns to concepts of trade, resource allocation, and other similarly business-related concepts. However, ideas of supply and demand have gone beyond traditional goods and services and onto the more human notion of health.