What should be the preferred way of forming the rev expectation and rev standard deviation? Thanks. Best regards, Erica

Hi Erica! Thanks for reaching out. Both the formula used for predicting the revenue expectation, as well as the standard deviation percentage, are usually obtained thanks to the combination between the historical data your company has at hand and the your business/economic intuition. In the lecture, we've assumed certain mean and standard deviation values to show how to use such data to make revenue predictions using Python. Hope this helps. Best, Martin

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Erica Ko

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24 Oct 2021

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21 Oct 2021

Resolved: About the rev expectations

in Python for Finance / Monte Carlo: Predicting Gross Profit - Part I

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Martin Ganchev

Posted on:

24 Oct 2021

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Resolved: About the rev expectations

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