Purchase the Training Pack ($179.00)
to get the recording, transcript, and presentation materials for this webinar in a single download. Please allow up to 30 days after the webinar for the Training Pack to be available.
In the November, 2014 issue of Business Valuation Update™, Robert Dohmeyer and Herbert Kierulff posited that "many appraisers have missed the statistical and causal subtleties inherent in both luck and skill, adhering to conventional wisdom that says 'companies with superior margins deserve a premium multiple.'"
In this live presentation of this and a subsequent article on the proper implementation of mean, median, and harmonic mean, Dohmeyer and Kierulff address how the nuances of statistical methods and measures are being overlooked at the expense of a sound and defensible conclusion of value.
Program Agenda
Statistical data errors and irregularities
Mean, median, harmonic mean: are they biased?
The low bias of the harmonic mean
The case for the median
Advanced central tendency
Statistical irregularity in reversion to the mean
Implications
Statistical error: Bias in the nature of the population
Major implication for income approach
Learning Objectives
Identify errors inherent in the use and application of basic statistical methods
Define how these errors affect valuations and values
Associate the implications of statistical selection and use errors with common business and valuation assumptions
Define how to best prepare for, avoid, or account for errors inherent in these statistical methods
BVR's Training Packs are an indispensable addition to any valuation reference library. Use them as training tools as many
times as you'd like, wherever you are: play them at your computer at work or home, in your car, or on your personal audio device.
Delivered as an electronic download approximately four weeks after the program has aired, each Training Pack includes:
Recordings and transcripts of the presentation
All presentation visual aids and handouts
All ancillary reading materials suggested by our presenters
If you are ordering a Training Pack after the four week window, the download link will be sent to you immediately via email. Please
check your spam folder and add customerservice@bvresources.com to your “safe list”
to ensure you receive your Training Pack.
Business Valuation Resources offers a 100% money-back guarantee on our training services. If you are not completely satisfied
with your experience, or have any feedback, please contact Business Valuation Resources at 1-503-479-8200 or
customerservice@bvresources.com.
