Linda Williams

Linda Williams

Are you a student struggling with Statistics, Accounting or Finance? Then YOU are the reason I created this Channel.

I am a professor of Business Administration and although I primarily teach Business Statistics and Analytics, I enjoy teaching both Accounting and Finance every semester. I am credentialed to teach all three subjects. After years of watching my students struggle with the concepts and applications in quantitative business courses, I decided this was the way I could help the most students quickest!

Please enjoy and I appreciate any and all feedback!

Myrtle Williams RIV 5

Myrtle Williams RIV 5

Bubble Plots with Excel

Bubble Plots with Excel

Scatterplots using Excel

Scatterplots using Excel

Пікірлер

  • @andrealhs16
    @andrealhs1610 күн бұрын

    Life saver, I was so confused on the spreadsheet! Thank you!! 😁

  • @lsw278
    @lsw27810 күн бұрын

    I'm glad that this was helpful!

  • @MuthuTechTalks
    @MuthuTechTalksАй бұрын

    Thanks ❤

  • @Wenerrix
    @WenerrixАй бұрын

    Thank you so much for this articulated explanation 😀

  • @simonriley4375
    @simonriley43752 ай бұрын

    thank you so much, about to ace my statistics class!!!

  • @escribidormadrid3463
    @escribidormadrid34632 ай бұрын

    Thank you. It was indeed painless and even pain-relieving.

  • @lsw278
    @lsw2782 ай бұрын

    I'm glad that it helped!

  • @heyhey6333
    @heyhey63332 ай бұрын

    fantastic video!! well explained and very concise. saved me a long night of struggling to learn R haha

  • @lsw278
    @lsw2782 ай бұрын

    That's the whole reason I made this video - finding a way to do this WITHOUT R! Glad this helped

  • @ElMakk_Med
    @ElMakk_Med2 ай бұрын

    hey, thanks for effort you put into this, i have a question, why did you use a natural log function in the likelihood!

  • @lsw278
    @lsw2782 ай бұрын

    Great question! (Sorry for the long answer, but it's an important component of this approach to regression). In logistic regression, the natural log function is used in the likelihood because of its properties that make it well-suited for modeling probabilities. The logit function, which is the natural log of the odds ratio, converts the probability of success to a linear function of the predictors. It also converts the probability of success to a linear function of the predictors. This linear relationship between the log odds and the predictors is convenient for modeling with linear regression techniques.

  • @tiagomarques1053
    @tiagomarques10533 ай бұрын

    the first 150k that are transfered out to Materials (150) and converion costs(150), doesnt that mean we transfered 300? Thank you for your help.

  • @SumanthShenoy-nz4mf
    @SumanthShenoy-nz4mf3 ай бұрын

    Is this corect? Isnt the inflation premium= nominal rate- inflation?? Correct me if I am wrong, by what I understand from the above video the answer we get here is nothing but current inflation right??

  • @keynote8274
    @keynote82743 ай бұрын

    Hey there Linda. I hope you're well. I am currently studying for my postgraduate qualification in data analytics and this video helped me out so much. Thank you for taking the time and effort to upload this and I hope you continue with these videos.

  • @lsw278
    @lsw2783 ай бұрын

    I'm glad it helped. Using Excel for this is a little clunky, but it gets the job done! Good luck with your studies

  • @kiwifrenchie6036
    @kiwifrenchie60363 ай бұрын

    How are you professor and really helpful with your video. Would you mind sharing a video about how to pick and remember which test to use when dealing with different scenarios. Like sometimes we use t test sometime z Also, for this video as example, why do we set Ho as greater than 5lbs rather than H1? I don’t know which phrase to set as H0 because p is low H0 must go, so it would affect the results if I set the wrong conclusion

  • @micahzimmerman4015
    @micahzimmerman40153 ай бұрын

    bless you soul

  • @lsw278
    @lsw2783 ай бұрын

    I'm glad this helped!

  • @felixrodriguez5847
    @felixrodriguez58474 ай бұрын

    Thank you, I’m taking managerial accounting and I was having so much trouble comprehending when doing homework.

  • @JosephCiottone
    @JosephCiottone4 ай бұрын

    who woulda thunk 10 years later this video would save me 1 hour before my submission deadline. thanks :)

  • @lsw278
    @lsw2784 ай бұрын

    I'm glad to know that I'm still helping all these years later.

  • @h.s.3883
    @h.s.38834 ай бұрын

    Rather than writing the number down at 3:41, you can store the number by hitting "Sto" (store) & any number between 1-9. To recall the stored number, hit "RCL" (recall) then the number you want to recall.

  • @lsw278
    @lsw2784 ай бұрын

    THANKS! This is a great time saver and appreciate the hint.

  • @Darkhearts
    @Darkhearts4 ай бұрын

    Thank you so much for this, currently taking this course and was confused on where this information was coming from as the spreadsheet was empty for most part. Now I have detailed sheet with automated math etc. :)

  • @madalynkatie6965
    @madalynkatie69655 ай бұрын

    🌷 'Promo SM'

  • @KiwiPastels
    @KiwiPastels5 ай бұрын

    this helped me with my home work thank youuuuuuuu

  • @lsw278
    @lsw2785 ай бұрын

    I'm so glad it helped!

  • @gensor5146
    @gensor51465 ай бұрын

    lets go, youre GOATED LADY

  • @krachlavitch
    @krachlavitch5 ай бұрын

    This video was super helpful, thank you!!

  • @Usernametaken1987
    @Usernametaken19875 ай бұрын

    Thank you!!!

  • @ObBenKenobi
    @ObBenKenobi5 ай бұрын

    Hello, I am coming up with a completely different answer than then one you are getting. I have cleared the calculator but I keep getting 1569.47 compared to your 1798.87. Is there something wrong with my calculator? I have followed the exact same way you have done it but again am not getting the same answer as you. Thanks.

  • @lsw278
    @lsw2785 ай бұрын

    Do you have your calculator set to BGN? I am also set at 5 decimal places. Try that and hopefully it will work.

  • @mertkr7559
    @mertkr75595 ай бұрын

    we don't know whether the population is normally distributed. How can you be sure that sample is randomly distributed by using only one sample with size 36? Shouldn't we use more than one sample with size 36. Because CLT is valid for sample mean not the sample itself.

  • @lsw278
    @lsw2785 ай бұрын

    Valid point. The Standard Error of the Mean (SEM) is used when constructing a Confidence Interval (CI) for the Population Mean because it provides an estimate of the variability or precision of the sample mean as an estimator of the population mean. When we take a sample from a population to estimate the population mean, there is inherent variability due to random sampling. So, when constructing a Confidence Interval for the Population Mean, we use the SEM to determine the margin of error around the sample mean. The larger the sample size, the smaller the SEM, At a n=36, we meet the large sample size requirement of the CLT (n=> 30), but if we want our CI to be more precise, we would take a larger sample, if possible. I hope this helps.

  • @tonylopez8222
    @tonylopez82226 ай бұрын

    This is Amazing! I am currently doing this and you helped me a lot than the book or really the assignments did for me. I would love it if you went over the other comprehensive problems. I am afraid that I will not be able to understand the future assignments. Thank You!!!

  • @user-wn9kd5bj2g
    @user-wn9kd5bj2g7 ай бұрын

    Thank you Professor

  • @lsw278
    @lsw2787 ай бұрын

    I'm glad that it helped!

  • @user-fc1te5jy3o
    @user-fc1te5jy3o7 ай бұрын

    I'm so confused about the 1.96 part. When I look at my z-score table, a score of 1.96 is associated with .9750. Additionally, working backwards, the closest there is to .4750 is (-.07). What am Imissing?

  • @lsw278
    @lsw2787 ай бұрын

    You are using a cumulative table that shows the total area to the left or right of a point on the curve. So, the table is saying that 97.50% of the data falls to the left of a Z Score of 1.96. This leaves 1-.9750 = 0.025 or 2.5% of the data to the right of that Z Score. If you have a 2 tailed test at alpha = .05, then that .05 is divided by 2. This means that +1.96 and -1.96 are the Z Critical Values for a two-tailed test at alpha = .05.

  • @sierraholmes19
    @sierraholmes197 ай бұрын

    Can you explain why it's .50?

  • @lsw278
    @lsw2787 ай бұрын

    Because given normal distribution, 50% of the data falls to the right of the mean (center of the distribution) and 50% falls to the left.

  • @navk1000
    @navk10007 ай бұрын

    Thank you so much.

  • @lsw278
    @lsw2787 ай бұрын

    I'm glad that it helped!

  • @abigailmonterroso1921
    @abigailmonterroso19218 ай бұрын

    Thank you so much! I needed this for my final

  • @QueenCityFilmsComm
    @QueenCityFilmsComm8 ай бұрын

    Yes! EXACTLY what I was looking for. Great short insightful video. Keep up the great work!

  • @XyRedD3ATHxxw
    @XyRedD3ATHxxw8 ай бұрын

    Literal life saver!

  • @lsw278
    @lsw2788 ай бұрын

    Glad that it helped!

  • @datascience1274
    @datascience12748 ай бұрын

    Hi, just a quick question. Are we referring to the whole population or to a sample? Is it correct to call this sampling distribution?

  • @lsw278
    @lsw2788 ай бұрын

    This is NOT a sampling distribution. The Poisson Distribution is a discrete variable probability distribution. Although Lambda (Mean) is derived from a sample, the value of Lambda then applies to all occurrences of the event. So, if we know that Lambda is = 4 customers per hours, then it will remain 4 per hour for an infinite number of trials. This will remain true until something significantly changes in the population and we establish a new value of Lambda. I hope this helps.

  • @datascience1274
    @datascience12748 ай бұрын

    @@lsw278 thank you very much. It's clear now

  • @AnonymousanonymousA
    @AnonymousanonymousA8 ай бұрын

    Is is the RFR = to Risk Premium? If not what is RP?

  • @lsw278
    @lsw2788 ай бұрын

    RFR is the "Risk Free Rate" and "RP" is the Risk Premium

  • @zfc264
    @zfc2648 ай бұрын

    respect saved my midterm

  • @lsw278
    @lsw2788 ай бұрын

    Awesome! So glad it helped.

  • @celianavaro
    @celianavaro9 ай бұрын

    THANKS ALOT

  • @lsw278
    @lsw2788 ай бұрын

    Glad it helped!

  • @markusdead96
    @markusdead969 ай бұрын

    Hi Linda. Is it possible that you could quickly help me? :) At 5:05 in the video you choose Display Descriptive Statistics and only C1 and C3 shows up in the list. In my assignment I need the C2-T to show up as well, in a use of a boxplot. Why isn't the non-numerical cell showing up and how do I fix this? Thank you

  • @lsw278
    @lsw2789 ай бұрын

    So, if your column is showing as C2-T then Minitab has formatted that entire column as TEXT. That's why the column name has the -T in it. It may be that you typed a non-text character somewhere in your data or Minitab may just be having a bad day. But, what we can't do is create a Box Plot with non-numeric data. This is because Minitab needs to be able to calculate Median, Q1, Q2 and Q3 to create the plot. You can resolve this by starting over in another empty column and re-enter your data. You can also highlight the column and then go to Data>Change Data Type and select "Automatic Numeric" Which approach you take just depends on how many observations you have. I hope this helps! If you data is non-numeric (qualitative data), then you will need to use something other than a box plot to display the distribution of your data. I hope this helps!

  • @markusdead96
    @markusdead969 ай бұрын

    @@lsw278 Thanks a lot, I appreciate it :)

  • @alphazergling9255
    @alphazergling92559 ай бұрын

    TSYM! i completely forgot to take the areas of a normal distribution curve

  • @lsw278
    @lsw2789 ай бұрын

    Glad that this helped!

  • @samnahar_
    @samnahar_9 ай бұрын

    Thank you, Professor Williams

  • @lsw278
    @lsw2789 ай бұрын

    Glad it helped!

  • @andiquinn6818
    @andiquinn68189 ай бұрын

    this was perfect to answer my question while doing my online/distance learning Statistics! Thank you! This is the part of online learning I find challenging….what to do when I have a question. I really appreciate you providing an answer when I needed it!

  • @lsw278
    @lsw2789 ай бұрын

    Statistics can be tough if you can't "see" how it works so I am glad this helped.

  • @christiann.1348
    @christiann.13489 ай бұрын

    You're the GOAT, Linda

  • @berdjanewilliam4520
    @berdjanewilliam452010 ай бұрын

    Hi, where I can get the emulator?

  • @lsw278
    @lsw27810 ай бұрын

    Contact HP. They offered it to educators for a while and they may still have it available. It plugs into a USB port. Very handy.

  • @lukebrooks5345
    @lukebrooks534510 ай бұрын

    Why do we make the par value negative?

  • @lsw278
    @lsw27810 ай бұрын

    We have to make either the PV or FV a negative, so it's easier to make the Par Value of the Bond a negative so that we don't get an Error on the BAII

  • @nataliac9677
    @nataliac967710 ай бұрын

    This was extremely helpful, thank you so much!!!

  • @lsw278
    @lsw27810 ай бұрын

    You are welcome and I'm glad that it helped.

  • @aniquepisces
    @aniquepisces10 ай бұрын

    Thank you soooo much for this video!!! really helped me understand how to the find the standard deviation!!!

  • @damiankearney8100
    @damiankearney810010 ай бұрын

    Thank you!!! I cant even stress how grateful I am for this. This helped way more than cengage did!

  • @lsw278
    @lsw27810 ай бұрын

    I'm glad that this was helpful!

  • @anezkakvasnickova9554
    @anezkakvasnickova955410 ай бұрын

    That’s slow way, you can just fill in CF sheet, then calculate NPV and bring it to the desired year.

  • @lsw278
    @lsw27810 ай бұрын

    I agree. This video mimics the steps shown in the textbook I use, so I went with this approach. I will get another video on this posted that shows the quicker way of arriving at this.

  • @user-ep8lq5ge9j
    @user-ep8lq5ge9j10 ай бұрын

    This was incredibly helpful and I cannot thank you enough!! I was really struggling and scratching my head on where to start and this cleared up so many questions. Thank you so so much!!!!!!

  • @lsw278
    @lsw27810 ай бұрын

    I'm glad that it helped!

  • @alecgevry96
    @alecgevry9610 ай бұрын

    How did you know that the par value was 1,000? I didn't see this stated in the question.

  • @lsw278
    @lsw27810 ай бұрын

    We always presume that Bonds are issued at a par value of $1,000 unless specifically stated otherwise.

  • @YonaZitu
    @YonaZitu10 ай бұрын

    Yes

  • @lsw278
    @lsw27810 ай бұрын

    Glad it helped!

  • @BNT05
    @BNT0511 ай бұрын

    As clear as it can get...thank you for sharing the knowledge!

  • @lsw278
    @lsw27810 ай бұрын

    Glad it helped!