Somewhere back in your middle school and high school math classes, you no doubt learned about the mean and standard deviation as fairly fundamental concepts in arithmetic and statistics. You also knew ...
Marshall Hargrave is a stock analyst and writer with 10+ years of experience covering stocks and markets, as well as analyzing and valuing companies. Dr. JeFreda R. Brown is a financial consultant, ...
Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Vikki Velasquez is a researcher and writer who has ...
The T-Value is a common statistical calculation with a very wide range of applications. In the business world, it can help in making educated financial predictions and projections. For example, a ...
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Establishing “Expected Behavior”: Using Median, Standard Deviation and Avg to Detect Suspicious Txns
In AML and fraud monitoring, expected behavior refers to the normal patterns of transactions for a given customer, their typical transfer amounts, frequency of transactions, usual beneficiaries or ...
This is a preview. Log in through your library . Abstract Several simple estimates of the mean and standard deviation of a normal population are discussed. The efficiencies of these estimates are ...
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