About this Book

This textbook, Statistics for Business, explains clearly in a readable, step-by-step approach the fundamentals of statistical analysis particularly oriented towards business situations. Much of the information can be covered in an intensive semester course or alternatively, some of the material can be eliminated when a programme is on a quarterly basis. The following paragraphs outline the objectives and approach of this book.

The Subject of Statistics

Statistics includes the collecting, organizing, and analysing of data for describing situations and often for the purposes of decision-making. Usually the data collected are quantitative, or numerical, but information can also be categorical or qualitative. However, any qualitative ...

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