Higher Ed. and Vocational >> Business and Economics >> Operations Management and Decision Sciences >> Statistics

Business Statistics: An Applied Orientation

Business Statistics:   An Applied Orientation

  • P. K. Viswanathan
  • Author: P. K. Viswanathan
    • ISBN:9788131704981
    • 10 Digit ISBN:813170498X
    • Price:Rs. 529.00
    • Pages:344
    • Imprint:Pearson Education
    • Binding:Paperback
    • Status:Available


    Business Statistics: An Applied Orientation provides with a conceptual framework of business, develops skills in applying concepts into decision situations, and helps understand the nitty-gritty of business statistics. This book will also be useful to professionals who would like to acquire basic knowledge of business statistics that would help them analyze and interpret data.

    Table of Content

    1. An Overview of Statistics
    2. Classifying Data to Convey Meaning
    3. Measures of Central Tendency and Dispersion 1
    4. Measures of Central Tendency and Dispersion 2
    5. Probability Distribution
    6. Basics of Sampling and Sampling Distribution
    7. Estimation
    8. Hypothesis Testing
    9. Chi-Square Test and Analysis of Variance
    10. Correlation and Regression
    11. Decision Analysis
    12. Forecasting

    Salient Features

    • The style used is interactive, conversational, direct, and simple. It is designed in such a way that any student after attending the class can treat the book as a teacher for self-study.
    • A number of pictures are interwoven with concepts through out the book so as to make the reader understand the nuances of some complex problems.
    • The book is contemporary and uses Microsoft Excel extensively to solve a variety of problems. In particular, the learning process is greatly facilitated by the usage of “Paste Function” and “Data Analysis” of Excel.
    • For those who may not always have access to Personal Computer, formula approach is comprehensively delineated for solving problems.
    • Every chapter contains a Discussion Topic that gives ample scope for the students to debate key issues of the topic that will pave the way for grasping the conceptual philosophy and spirit of the subject.
    • Almost all chapters have Progressive Test Questions that act as a monitoring and feedback mechanism in the learning process of the subject matter.
    • Answers with explanation have been provided to all review questions in every chapter. Also, carefully structured Practice Problems have been given at the end of each chapter for the students to work out the solution.