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Financial Management Skills Are Not Just Needed by Finance Professionals,they

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Financial management skills are not just needed by finance professionals,they are also needed by


Definitions:

Q-Q Plot

A graphical tool to compare two probability distributions by plotting their quantiles against each other.

Normality

The condition in which a dataset or distribution follows a normal distribution, characterized by a bell-shaped curve.

Residuals

The differences between observed and predicted values in a regression analysis, indicating the error in predictions.

Regression Analysis

Regression analysis is a statistical method for estimating the relationships among variables, often used to predict the outcome of one variable based on the value(s) of another.

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