STATISTICAL ESTIMATION OF FORECAST DATA FOR THE BUSINESS ENVIRONMENT

GEORGI MISHEV

 

Abstract

The paper reviews particular options for statistical characterization of the level and reliability of some estimates for the expectations (forecast data) in business studies. A quantitative characterization of the expectations for the business environment status is suggested on the basis of a normalized score that is in the range of 0 and 1. An idea for the application of particular statistical methods for evaluation of the reliability of the business environment expectations is also presented.

 

Key words

business environment, expectations for the business environment, normalized score, statistical significance of differences in scores

 

References

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Мишев, Г., Ст. Цветков, Статистика за икономисти, С., УИ „Стопанство”, 1998 г.;
Тейл, Г., Экономические прогнозы и принятие решений, М., 1971;
Цонев, В., Основи на репрезентативното изучаване, ВИИ, С. 1971;
Ядов, В., Социологическое исследование, М., Наука, 1972

 

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