A Quantitative Approach to Commercial Damages, + Website: Applying Statistics to the Measurement of Lost Profits

**How-to guidance for measuring lost profits due to business interruption damages**__A Quantitative Approach to Commercial Damages__ explains the complicated process of measuring business interruption damages, whether they are losses are from natural or man-made disasters, or whether the performance of one company adversely affects the performance of another. Using a methodology built around case studies integrated with solution tools, this book is presented step by step from the analysis damages perspective to aid in preparing a damage claim. Over 250 screen shots are included and key cell formulas that show how to construct a formula and lay it out on the spreadsheet. * Includes Excel spreadsheet applications and key cell formulas for those who wish to construct their own spreadsheets * Offers a step-by-step approach to computing damages using case studies and over 250 screen shots Often in the course of business, a firm will be damaged by the actions of another individual or company, such as a fire that shuts down a restaurant for two months. Often, this results in the filing of a business interruption claim. Discover how to measure business losses with the proven guidance found in __A Quantitative Approach to Commercial Damages__.

A step-by-step approach to estimating and computing business interruption losses

Accurately estimating damages in business interruption cases is a make- or-break formula for companies who need to be compensated for their loss of income. Make a mistake, and those doors may never reopen. With A Quantitative Approach to Commercial Damages, you'll have the analytical tools and step-by-step instructions you need to prepare an accurate damage claim.

Authors Mark Filler and James DiGabriele apply their forensic and valuation expertise to explain the complicated process of measuring business interruption damages, whether the losses are from natural or man-made disasters, or whether the performance of one company adversely affects the performance of another. More than 250 screenshots, sixteen case studies, key cell formulas, Excel spreadsheet applications, and a companion website provide clear instructions to help you construct your own formula and spreadsheets.

Expertly demonstrating the various methods you can use to estimate business interruption losses during a specified loss period, A Quantitative Approach to Commercial Damages includes:

• The three big statistical ideas
• What is regression analysis and where have I seen it before?
• Accounting for seasonality, trend, and interventions
• The defendant's expert's report and the plaintiff's expert's report
• Skeptical analysis using the fraud theory approach
• Testing for seasonality and trend with a regression model
• Prediction errors and their measurement
• Double exponential smoothing (Holt's Method)
• The next frontier in the application of statistics

The calculation of economic damages in lost profits cases calls for sophisticated modeling techniques to handle seasonality and exponential trends. Learn from the pros how to make precise computations with the help of A Quantitative Approach to Commercial Damages.

How-to guidance for measuring lost profits due to business interruption damages

A Quantitative Approach to Commercial Damages explains the complicated process of measuring business interruption damages, whether they are losses are from natural or man-made disasters, or whether the performance of one company adversely affects the performance of another. Using a methodology built around case studies integrated with solution tools, this book is presented step by step from the analysis damages perspective to aid in preparing a damage claim. Over 250 screen shots are included and key cell formulas that show how to construct a formula and lay it out on the spreadsheet.

• Includes Excel spreadsheet applications and key cell formulas for those who wish to construct their own spreadsheets
• Offers a step-by-step approach to computing damages using case studies and over 250 screen shots

Often in the course of business, a firm will be damaged by the actions of another individual or company, such as a fire that shuts down a restaurant for two months. Often, this results in the filing of a business interruption claim. Discover how to measure business losses with the proven guidance found in A Quantitative Approach to Commercial Damages.

How-to guidance for measuring lost profits due to business interruption damages A Quantitative Approach to Commercial Damages explains the complicated process of measuring business interruption damages, whether they are losses are from natural or man-made disasters, or whether the performance of one company adversely affects the performance of another. Using a methodology built around case studies integrated with solution tools, this book is presented step by step from the analysis damages perspective to aid in preparing a damage claim. Over 250 screen shots are included and key cell formulas that show how to construct a formula and lay it out on the spreadsheet. Includes Excel spreadsheet applications and key cell formulas for those who wish to construct their own spreadsheets Offers a step-by-step approach to computing damages using case studies and over 250 screen shots Often in the course of business, a firm will be damaged by the actions of another individual or company, such as a fire that shuts down a restaurant for two months. Often, this results in the filing of a business interruption claim. Discover how to measure business losses with the proven guidance found in A Quantitative Approach to Commercial Damages . Content: A Quantitative Approach to Commercial Damages Contents Preface Is This a Course in Statistics? How This Book Is Set Up The Job of the Testifying Expert About the Companion Web Site-Spreadsheet Availability Note Acknowledgments INTRODUCTION The Application of Statistics to the Measurement of Damages for Lost Profits The Three Big Statistical Ideas Variation Correlation Rejection Region or Area Introduction to the Idea of Lost Profits. How-to guidance for measuring lost profits due to business interruption damages. This book explains the complicated process of measuring business interruption damages, whether they are losses are from natural or man-made disasters, or whether the performance of one company adversely affects the performance of another.