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Impact of Business Analytics Tools in Statistical Arbitrage Models in Trading

Impact of Business Analytics Tools in Statistical Arbitrage Models in Trading
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Author(s): C. V. Suresh Babu (Hindustan Institute of Technolgy and Science, India), Surendar Vinayagamoorthy (Hindustan Institute of Technology and Science, India)and V. Muthumanikavel (Hindustan Institute of Technology and Science, India)
Copyright: 2023
Pages: 11
Source title: Advancement in Business Analytics Tools for Higher Financial Performance
Source Author(s)/Editor(s): Reza Gharoie Ahangar (Lewis University, USA)and Mark Napier (Lewis University, USA)
DOI: 10.4018/978-1-6684-8386-2.ch013

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Abstract

There could be huge effects from incorporating data analytic techniques into economics teaching. Students can get the practical skills necessary in today's data-driven economy and improve their comprehension of economic theory by integrating these tools into the curriculum. The use of data analysis tools can help increase student interest in the subject and motivation. Students with data analysis skills have chances outside of the classroom in a variety of industries, encouraging the use of evidence in decision-making and promoting economic growth. Overall, incorporating data analytic techniques into economics education helps to advance the economy and society while preparing students for success in the modern workplace.

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