http://www.business-analysis-made-easy.com/Business-Analysis-blog.html This Business Analysis blog journals the progress and news from the the Business Analysis Made Easy website. en-us business analysis made easy Fri, 09 Dec 2011 03:34:37 GMT Fri, 09 Dec 2011 03:34:37 GMT business-analysis-made-easy.com http://www.business-analysis-made-easy.com/what-is-the-loan-payoff.html What is the total loan payoff? Amount borrowed $4500. Interest rate 5.0% 20 year loan no payments made. Answer I assume that you mean the total cost Fri, 09 Dec 2011 03:34:35 GMT http://www.business-analysis-made-easy.com/i-want-to-be-a-business-analyst.html Hi, I am Mahendran,I completed MBA recently with Finance & Hr.While I was doing my MBA, I worked as a part timer in a IT company that was owned by my friend. Fri, 09 Dec 2011 03:16:53 GMT http://www.business-analysis-made-easy.com/business-analysis-method.html What is the business analysis method for starting to analyze a business? Answer There are many ways to begin to analyze a business. Some of the acronyms Fri, 09 Dec 2011 03:03:42 GMT http://www.business-analysis-made-easy.com/regression-procedure.html What is the regression procedure? Answer The purpose of regression is to find the best fit of an equation to a set of data points. The simplest example Tue, 11 Oct 2011 07:44:26 GMT http://www.business-analysis-made-easy.com/Six-Sigma-Tutorial.html This Six Sigma Tutorial gives you a working knowledge of this gold standard of business analysis. Thu, 29 Sep 2011 02:25:04 GMT http://www.business-analysis-made-easy.com/Six-Sigma-Methodology.html Six Sigma Methodology is about implementing this ultimate business analysis strategy or DMAIC. Thu, 29 Sep 2011 02:22:25 GMT http://www.business-analysis-made-easy.com/npv-analysis.html Is it good to have a high NPV? Answer If your NPV Analysis is based on positive cash flows then it is good. If you have not paid attention to your negative Fri, 09 Sep 2011 03:43:55 GMT http://www.business-analysis-made-easy.com/hr-decision-making.html How should we do HR decision making involving no financial costs but high reputational/ behavioral implications? Answer Your question is basically how Fri, 09 Sep 2011 03:33:44 GMT http://www.business-analysis-made-easy.com/business-analyst-study.html Hi, I am currently a sociology major with intent to be a business analyst. You say that you need a engineering degree to be a B.A, but also you can have Tue, 16 Aug 2011 19:44:58 GMT http://www.business-analysis-made-easy.com/business-analyst-interview.html What kind of question(s) would an interviewee be faced with during an interview for the position of a Business Analyst? Answer The following link is Tue, 16 Aug 2011 19:14:28 GMT http://www.business-analysis-made-easy.com/survey-methods.html I am interested in the merits and problems of different survey methods. 1. What are the problems and remedies of gathering primary data through Personal Tue, 16 Aug 2011 19:02:41 GMT http://www.business-analysis-made-easy.com/negative-npv.html What is a negative NPV? Answer A negative NPV means that the positive cash flows did not exceed the negative cash flows, based on the discount rate or Mon, 11 Jul 2011 06:56:49 GMT http://www.business-analysis-made-easy.com/programmed-decision.html What is a programmed versus a non programmed decision? Answer A programmed decision is one that is made based on established policies or rules. The Mon, 11 Jul 2011 06:49:08 GMT http://www.business-analysis-made-easy.com/career-as-a-business-analyst.html I completed B.S.(chemistry,botany,zoology)and a MBA in Marketing in 2009. I am working with a cng cylinders manufacturing company noe. Hence I have no Mon, 11 Jul 2011 06:37:04 GMT http://www.business-analysis-made-easy.com/standard-deviation-formula.html What is the formula for standard deviation? Answer The illustration shows the equation for standard deviation. The standard deviation is a way to measure Tue, 07 Jun 2011 07:39:50 GMT http://www.business-analysis-made-easy.com/npv-and-irr.html A revenue of 350,000,000 is the expected annual profits of owning a certain jet plane. The cost of acquisition is 3,600,000,000. The company must pay Tue, 07 Jun 2011 07:25:40 GMT http://www.business-analysis-made-easy.com/net-present-value.html If I had $18,000 to invest in a project and the life of the project was 20 years, the single cash inflow at the end of 20 years is $66,000 and the company's Tue, 07 Jun 2011 07:01:40 GMT http://www.business-analysis-made-easy.com/auto-loan-new-car.html I need steps that help me understand the amount of interest we are paying monthly. If I pay more on the principle it seems they charge us more interest...this Tue, 31 May 2011 05:49:16 GMT http://www.business-analysis-made-easy.com/capital-project-analysis.html I am a businessman in the internet service industry, facing with two mutually exclusive projects. one at Fce Zaria and the other at Nuhu Bamalli Polytechnic Wed, 11 May 2011 06:32:07 GMT http://www.business-analysis-made-easy.com/how-to-calculate-irr.html I want a formula for calculating the value of IRR. Answer There is no direct formula for calculating IRR. It is found using an iterative process using Wed, 27 Apr 2011 08:11:01 GMT http://www.business-analysis-made-easy.com/npv-calculation.html In an instance where cash flows are zero for a number of years are there any special considerations? Example: Initial Outlay (100,000) Year Thu, 07 Apr 2011 18:52:30 GMT http://www.business-analysis-made-easy.com/data-analyst.html Should a BA have access to SQL ? Answer One of the hats that some Business Analysts wear is as a Data Analyst. It depends on the talents of the Business Thu, 07 Apr 2011 18:10:48 GMT http://www.business-analysis-made-easy.com/analyzing-a-business.html What are the best tools to analysis a business's financial records? Answer Some of the best tools for analyzing a business are to compare business ratios Thu, 07 Apr 2011 05:54:10 GMT http://www.business-analysis-made-easy.com/business-problems.html How do you find problems in a business? Answer The best way to find business problems is to ask the line workers. Who knows better were the bottlenecks Wed, 06 Apr 2011 07:21:18 GMT http://www.business-analysis-made-easy.com/business-analyst-tools.html As a business analyst in IT company which business tools would be helpful? Answer Probably the most important business analyst tools that you can have Wed, 06 Apr 2011 07:13:09 GMT http://www.business-analysis-made-easy.com/interest-paid.html If you've got a loan for 100K at 4.8% annual interest (simple interest), shouldnt that mean you pay $4800 of interest a year, which would mean in 10 years Wed, 06 Apr 2011 06:55:13 GMT http://www.business-analysis-made-easy.com/investment-rate-of-return.html Is it possible to calculate the IRR on a bank loan facility ? Answer It would not make much sense to attempt an IRR on a bank loan facility or line of Wed, 06 Apr 2011 05:59:03 GMT http://www.business-analysis-made-easy.com/business-analyst-certification1.html What are the necessary skills, tools and techniques required by a business analyst to fulfill his/her role in an organization. Answer: Go to this link Wed, 06 Apr 2011 05:42:12 GMT http://www.business-analysis-made-easy.com/learning-curve-theory.html What is the Important of Learning Curve Theory? Answer Learning curve theory helps you to understand how costs go down over multiple repetitions. When Tue, 05 Apr 2011 05:14:27 GMT http://www.business-analysis-made-easy.com/standard-deviations.html What is the business use of standard deviations? Answer Standard deviations helps you to understand your data. It's business use can best be understood Tue, 05 Apr 2011 04:59:00 GMT http://www.business-analysis-made-easy.com/it-business-analyst.html I would like to know what an IT business analyst would have to do in his job. What would be his key roles and what tools and information he must possess.... Tue, 05 Apr 2011 04:28:29 GMT http://www.business-analysis-made-easy.com/six-sigma-process.html It seems to me that I read that there are 2 types of Six Sigma activities. 1) One is designed to take on going processes and improve them. This is what Tue, 05 Apr 2011 03:34:22 GMT http://www.business-analysis-made-easy.com/business-analysis-courses.html I joined as a business analyst in a company. i don't have any experience in this field. Where do I start? Answer Run, don't walk to the nearest computer. Tue, 29 Mar 2011 03:15:13 GMT http://www.business-analysis-made-easy.com/t-Distribution.html t-Distribution - The t statistic estimates a population mean from small sample sizes, where the population standard deviation is not known Sat, 22 Jan 2011 11:27:23 GMT http://www.business-analysis-made-easy.com/Binomial-Distribution.html Binomial Distribution - Alternatively called the Bernoulli distribution, it is a discrete probability distribution where a single observation can have have only two outcomes. Sat, 22 Jan 2011 08:28:35 GMT http://www.business-analysis-made-easy.com/Design-Of-Experiment.html Design of Experiment - Controlled experiments in experimental research resulting in purer data samples. Sat, 22 Jan 2011 00:22:44 GMT http://www.business-analysis-made-easy.com/Standard-Normal-Distribution.html Standard Normal Distribution - A probability distribution that is normally distributed with a mean of 0 and a standard deviation of 1. Fri, 21 Jan 2011 06:09:34 GMT http://www.business-analysis-made-easy.com/Significance-Test.html Significance Test - This kind of test is used to accept or reject claims about a population from which samples have been taken. Fri, 21 Jan 2011 03:40:19 GMT http://www.business-analysis-made-easy.com/Sign-Test.html Sign Test - A non-parametric test that does not require normally distributed data to be used. Fri, 21 Jan 2011 01:34:45 GMT http://www.business-analysis-made-easy.com/Sampling-Distribution.html Sampling distribution Thu, 20 Jan 2011 08:58:12 GMT http://www.business-analysis-made-easy.com/Analysis-Of-Statistical-Data.html The analysis of statistical data or statistical methods is the methodology of processing numerical data with the goal of drawing conclustions from it. Thu, 20 Jan 2011 03:59:40 GMT http://www.business-analysis-made-easy.com/Normally-Distributed.html A normally distributed data population is the most common found naturally. Thu, 20 Jan 2011 00:42:26 GMT http://www.business-analysis-made-easy.com/Central-Limit-Theorem.html The central limit theorem is one of the most basic axioms in statistics Tue, 18 Jan 2011 08:06:57 GMT http://www.business-analysis-made-easy.com/regression-modeling.html When using regression analysis, which of the following is of importance: 1. the size of the regression slope coefficient 2. the sign of the regression Fri, 24 Dec 2010 00:24:09 GMT http://www.business-analysis-made-easy.com/capital-investment-decision.html What would my net present value (NPV) be from this information: We are purchasing a wireless order-taking systems and doing a cost analysis to justify Thu, 23 Dec 2010 09:27:06 GMT http://www.business-analysis-made-easy.com/standard-error.html How is the standard error related to the standard deviation? Answer: Dee Reavis The standard deviation of a sampling distribution is named the standard Thu, 23 Dec 2010 00:58:26 GMT http://www.business-analysis-made-easy.com/calculating-markup.html Please explain more about markup. Preferably with examples. I don't understand how to calculate the markup using price and margin. Answer: Dee Reavis Thu, 23 Dec 2010 00:27:27 GMT http://www.business-analysis-made-easy.com/what-is-standard-deviation.html Please explain what standard deviation really is. Answer: Dee Reavis Standard deviation is simply a measure of the variability of your data. As you Wed, 22 Dec 2010 10:41:56 GMT http://www.business-analysis-made-easy.com/irr-npv1.html Please help me to solve this IRR NPV problem. The investment cost is $35,000 The cost of money is 7.0% I am amortizing the life of the equipment for 3 Wed, 22 Dec 2010 10:27:10 GMT http://www.business-analysis-made-easy.com/calculate-irr.html Should I accept this project? $220,000 is invested in a project with cash flows of $28,000,$32,000,$36,000,$40,000 ,the project will be sold for $240,000 Wed, 22 Dec 2010 02:31:11 GMT