What’s a price point?

A price point is a retail selling price that is directly below a round number (e.g. 2.99 EUR). The price point is therefore a special, fixed sales price to achieve a sales-promoting effect. This is because a price that is just below the round price is considered...

What is Business Analytics?

What is Business Analytics?  It deals with all the methods, tools and ways with the help of which an organization can measure its performance. There are different and specific methods that are used for different project by different organizations. For the production...

Define Regression

In this article we want to define the term regression and give valuable information for beginners. Regression and Prediction are powerful tools used in Predictive analysis. Linear regression is useful in determining linear relationship between a target and one or...