Utilization of Statistics for Provision of Business Information: Implementation of α-Sutte Indicator on Provision of Stock Movement Prediction Information

Authors

Nuning Kurniasih, Universitas PadjadjaranFollow
Ansari Saleh Ahmar, Univeritas Negeri MakassarFollow
Nanik Kurniawati, The National Archive of The Republic of Indonesia (ANRI)Follow

Date of this Version

9-16-2019

Comments

(c) 2019 Nuning Kurniasih

Abstract

The Current information services are dealing with big data that is freely accessible. Companies providing information services and products need to develop creativity and innovation to maintain their existence. In this paper, we offer that information specialist can add value to information. The added value is given through an analysis of information that is relevant to user needs. The Research and Development Method can be used to develop a framework for service information products and services, and bridge the gap between the theories studied in higher education and the needs of the industry. α-Sutte Indicator can be used to predict stock movements. The results of the stock movement forecast can be used by potential investors in reducing uncertainty in stock prices. The Library and Information Science Program in Higher Education needs to develop a curriculum to be able to respond to industry needs, including developing statistical materials in processing information.