In a business context it is common to use ‘month’ as a time unit and compare a month to its predecessor or to the same month of last year. So it is important to at least keep in mind that months can be very differently seasonally biased. Most business dynamics exhibit a week based seasonality with specifically strong weekdays. March 2011 for example has 23 work days – 4 more than the following month (holidays considered for Bavaria). This can have a considerable effect – especially when coincidentally leveraged by the usual volatility.
Category Archives: Statistics
Increase of Deaths Due to Viral Hepatitis in Germany 1998
The term ‘hepatitis’
The term Hepatitis is not referring to a specific disease or virus but generally refers to an inflammation of the liver (greek ‘hepar’). Responsible for such a condition can be viruses (not just the ones referred to as Hepatitis A to E), poisoning or mechanic traumas. In this article I am referring to viral hepatitis.
Be sceptical about data!
Innocently pivoting my way through population statistics obtained from the German Federal Office of Statistics’s web-site – I made an eye-opening discovery – just as shocking as it was revealing of how it is going downhill with morals in this society!