Industry statistics - How we can make them more suitable to our needs ?
December 06, 2022
by a searcher from Jagiellonian University Cracow in Kraków, Polska
I was wondering how much we relate on the data provided here on industry reports.
It obviously depends on the quality, quantity & timeframe of data we have access to.
I recieved some guidelines from my mentor concerning industries with high gross margins ( over 20%)
On industry reports, I saw the average was much under what I expected.
What i just find out is ...
... When you point on any graph you can see a result in a particular year. By doing that, you can simply calculate how the industry performed in your selected timeframe.
You don't have to rely on the full range of the chart ( for some###-###-#### Just calculate the average of the years you're interesed in.
Maybe for some of You it is quite obvious, but I spend few moment on finding out how to do this.
Hope it will help someone.
from University of Rochester in Rochester, NY, USA