Category: Other topics
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View PostThe fallacies of Scenario analysis
Scenario analysis is often used in company valuation – with high, low and most likely scenarios to estimate the value range and expected value – but do they give correct answers?
The Risk of Spreadsheet Errors
Audits done shows that nearly 90% of the spreadsheets contained serious errors. Code inspection experiments also shows that even experienced users have a hard time finding errors succeeding in only finding 54% on average.
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