Statistics For Business And Economics

STATISTICS FOR BUSINESS AND ECONOMICS is a comprehensive textbook on Statistics that caters to the needs of students doing a course of any level in the subject. As consumers and future managers, students are introduced to a range of data collection and analysis methods that enable them to evaluate such data and analyze them to reach well-informed decisions in various business settings.

The main features of the book are as follows:

1. Focused, objective and concise explanation of concepts

2.Simple, reader-friendly language

3.Large number of solved examples and practice questions

4. Introduction to the notational and symbolic expressions in the beginning to make understanding easier

1. Defining Statistics - Scope and Related Issues

2. Statistical Data - Collection and Presentation

3. Summarizing Data - Concepts, Issues, and Procedure

4. Summary Measures-I - Measures of Central Tendency

5. Summary Measures – II - Measures of Dispersion

6. Summary Measures-III - Skewness and Kurtosis

7. Regression and Correlation-I - The Two-Variable Linear Case

8. Regression and Correlation-II - The Three-Variable Linear Case 9. Index Numbers -Price, Quantity, and Value Indices

10. Time Series Analysis - Components and Decomposition

11. Business Forecasting - A Brief on Issue and Techniques

12. A Prelude to Probability - Concepts, Definitions, and Postulates 13. The Basic Probability Rules - And Bayesian Theorem

14. Discrete Probability Distributions -Uniform, Binomial, and Poisson

15. The Normal Distribution

16. A Brief on Sampling - Concepts and Methods

17. Sampling Distributions – I - Large Sampling

18. Sampling Distributions – II - Small Sampling

19. Statistical Estimation - Issues and Methods

20. Statistical Testing – I -Concepts, Issues, and Methods

21. Statistical Testing – II -Testing Procedure and the Tests

22. Non-Parametric Testing – I -The Chi-Square Tests

23. Non-Parametric Testing – II -Other Nonparametric Tests

24. Statistical Quality Control