{"product_id":"a-quantitative-approach-to-commercial-damages-applying-statistics-to-the-measurement-of-lost-profits-9781118072592","title":"A Quantitative Approach to Commercial Damages: Applying Statistics to the Measurement of Lost Profits","description":"\u003cp\u003e • Author(s): Mark G. Filler\u003cbr\u003e • Publisher: Wiley\u003cbr\u003e • Publisher Imprint: Wiley\u003cbr\u003e • BISAC: Remedies \u0026amp; Damages\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eFrom the Inside Flap\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eA Quantitative Approach to Commercial Damages\u003c\/b\u003e \u003ci\u003eApplying Statistics to the Measurement of Lost Profits\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003eThere was a fire. The damages are extensive, and the restaurant will be closed for at least two months. It's your job to calculate the recoverable economic losses, whether stream of lost profits or lost value of the business. The problem is you're not entirely up to speed on the most sophisticated and flexible statistical techniques and tools currently available. Written for practitioners who have some experience in the field of calculating economic damages but who need new tools, \u003ci\u003eA Quantitative Approach to Commercial Damages\u003c\/i\u003e provides an introduction and a \"how to\" of some basic statistical techniques to help you establish a precise lost profits analysis. \u003c\/p\u003e\u003cp\u003eDemonstrating the application of the various statistical forecasting and analytical models, authors Mark Filler and James DiGabriele--leading forensic and valuation experts--present selected statistical techniques you can apply in lost profits cases. You'll discover new ways to integrate computing power and spreadsheets--especially in Excel and its add-in statistical tools--to quickly simplify complex financial calculations in preparing cases. \u003c\/p\u003e\u003cp\u003eSixteen real-world case studies show you how to: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eUse the standard deviation to determine if a number falls within an expected range based on past performance\u003c\/li\u003e \u003cli\u003eTest the sales history of the XYZ Motel to determine if there is an upward trend in the data\u003c\/li\u003e \u003cli\u003eForecast expected sales during the period of restoration using a time series regression model\u003c\/li\u003e \u003cli\u003eCompare pre- and post-incident sales and demonstrate techniques\u003c\/li\u003e \u003cli\u003eDetermine saved expenses and the issue of statistical significance vs. practical significance\u003c\/li\u003e \u003cli\u003eApply forensic accounting principles to a lost profits case\u003c\/li\u003e \u003cli\u003eAnalyze historical sales data searching for trend and seasonality\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eA companion website contains all the spreadsheets for the case studies. You can either create the spreadsheets from scratch, following the instructions contained in each chapter and using the website spreadsheets as guidelines, or simply download them from the website and start your own analysis immediately. \u003c\/p\u003e\u003cp\u003eDon't underestimate the value of your business loss. Get the tools to compute precise lost profits with \u003ci\u003eA Quantitative Approach to Commercial Damages\u003c\/i\u003e.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Hardcover","offer_id":45155266232471,"sku":"9781118072592","price":8567.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781118072592.webp?v=1767300839","url":"https:\/\/atlanticbooks.com\/products\/a-quantitative-approach-to-commercial-damages-applying-statistics-to-the-measurement-of-lost-profits-9781118072592","provider":"Atlantic Books","version":"1.0","type":"link"}