Business Statistics
The third edition of Business Statistics retains the rich pedagogy and style of the earlier editions with new additions devised to hone the readers' learning of the subject. This edition is revised in the view of the emerging trends and updates in statistical software. In 19 chapters, the text addresses all components of statistics while providing a solid foundation for understanding and using statistics in business. The step-by-step approach used to discuss three main statistical software applications, MS Excel, Minitab, and SPSS, which are critical tools for decision making in the business world, makes this book extremely user friendly.Written primarily for the students of business management, this student-friendly text will also cater to the requirements of undergraduate and postgraduate students in other disciplines, especially commerce and economics.
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Table of Content
"1 Introduction to Statistics 1
2 Charts and Graphs
3 Measures of Central Tendency
4 Measures of Dispersion
5 Probability
6 Discrete Probability Distributions
7 Continuous Probability Distributions
8 Sampling and Sampling Distributions
9 Statistical Inference: Estimation for Single Populations
10 Statistical Inference: Hypothesis Testing for Single Populations
11 Statistical Inference: Hypothesis Testing for Two Populations
12 Analysis of Variance and Experimental Designs
13 Hypothesis Testing for Categorical Data (Chi-Square Test)
14 Simple Linear Regression Analysis
15 Multiple Regression Analysis
16 Time Series and Index Numbers
17 Statistical Quality Control
18 Non-Parametric Statistics
19 Statistical Decision Theory
Appendices
Glossary
Index "
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Salient Features
" In keeping with the prevalent trends, all problems, figures, screenshots and procedures have been updated using IBM SPSS 25, Minitab 19 and MS Excel 2019.
· Relevant topics such as partial correlation and test of normality have been added to the text.
· Case studies solved examples and problems framed using data from organizations such as Centre for Monitoring Indian Economy (CMIE) and Indiastat.com relate statistical analysis to solving real-life business problems.
· Statistics in Action in the beginning sets the tone for understanding the concepts explained in each chapter and Formulas listed at the end help in quick recapitulation."
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