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Math for Managers
book

Math for Managers

by Michael C. Thomsett
November 2018
Intermediate to advanced content levelIntermediate to advanced
286 pages
6h 47m
English
De Gruyter
Content preview from Math for Managers

Chapter 10 Statistics for Effective Reporting

Beyond the realm of the familiar math involving financial reporting, marketing, and budgeting, the more complex world of statistics must be addressed. A few important management applications require basic statistical skills. This chapter explains these basics and how they apply to you in your role as manager.

In statistics, you deal with a field of numbers. This is a grouping of values related in some manner (for example, sales results by division, expense totals during a quarter, or the number of salespeople and their sales volume). These numerical values are arranged in a field so they can be studied and interpreted to create a significant result. In presenting a field of numbers in a report, they ...

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Publisher Resources

ISBN: 9781547400652