Business Statistics : A Textbook (Hardcover)

Offering wide and contemporary functions and techniques, Basic Statistics covers relevant topics on the subject; ranging from Central tendency to Decision theory. Kumar's work compiles a valuable self-teaching volume essential to assisting business persons and business courses. Basic Statistics presents fundamental concepts, as well as broad and up-to-date functions and techniques. Thorough emphasis has been given on theoretical aspects, as well as on problems concerned with these theories. Topics covered include Central tendency, Dispersion, Time series analysis, Index number, Correlation, Regression, Sampling distributions, Estimation, Chi-Square distribution, Analysis of variance probability and hypothesis testing, Random variables, sampling, Analyzing business data, Decision theory, and more. Though designed for classroom use, this is also valuable as a self-teaching volume for business persons engaged in various fields. When used in business courses, it answers the question of how to apply statistical methods to a variety of business situations in order to produce enlightened and profitable information.