Wikipedia:Reference desk/Archives/Miscellaneous/2014 September 25

= September 25 =

statistics
Explain in details bussiness problems that will require the use of statistics from accountings — Preceding unsigned comment added by 197.232.3.130 (talk) 13:26, 25 September 2014 (UTC)


 * This should be posted to the Math Desk. StuRat (talk) 13:39, 25 September 2014 (UTC)


 * StuRat (talk) 13:39, 25 September 2014 (UTC)


 * Some areas to look into are foot traffic (no article ?), depreciation of office equipment, and life expectancy (from the POV of life insurance).  Stats are used to determine each of these.  All forms of insurance and investments require stats to assess the risk and predicted ROI.  Risk of robbery and shrinkage can also be determined statistically. StuRat (talk) 13:39, 25 September 2014 (UTC)


 * We do have Pedestrian -- maybe a suitable redirect? Felt WP:BOLD and did so. SemanticMantis (talk) 18:48, 25 September 2014 (UTC)


 * Uhmm... I believe that the "foot traffic" mentioned is more related to walk-in customers, and the like. (e.g. Definition of 'Foot Traffic') 71.20.250.51 (talk) 19:59, 25 September 2014 (UTC)


 * "Footfall" is the usual term in the UK, but our article is only about the Niven/Pournelle novel, with no suggested disambiguation. A surprising gap in our coverage. Tevildo (talk) 20:20, 25 September 2014 (UTC)


 * Yes, I meant the number of people walking around a given area. That, along with the number driving around, and possibly biking or boating, can be determined by statistical means, and those figures are important to assessing if a retail establishment there would be likely to succeed or fail. StuRat (talk) 17:27, 26 September 2014 (UTC)