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Tag: Joe Brillantes

Pricing News Daily > 7/16/14

Pricing News Daily > 7/16/14

Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is Sponsored by: Asia Pricing Professionals Asia Pricing Professionals (APP) is a not-for-profit community of pricing management practitioners. Our key objective is to raise […]

Pricer’s Points | July 2014

Pricer’s Points | July 2014

The “Pricer’s Points” blog series provides a forum for pricing professionals to share their insights and experience. Our guest bloggers share their knowledge about specific product or industry challenges, geographic complexities, strategies, tactics, and technologies. This Edition is Sponsored by: Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value Innoruption Advisors provides training and consulting resources […]

The Case for Logarithms | Joe Brillantes

The Case for Logarithms | Joe Brillantes

The graphs below present the same data. The difference is the axis for quantity of the bottom graph is in natural logarithmic scale. Transforming data to their logarithms most often decreases variability, enables visualization, and linearizes the relationship between two variables. In the top graph, there seems to be three “outliers”, but when the quantity […]