About the Book

Now in its 2nd edition, Business Statistics: Text and Problems - With Introduction to Business Analytics covers the ambit of Business Statistics. Retaining the lucidity and comprehensibility of the preceding edition, this edition is further enriched with the concepts of big data and introduction to Business Analytics. This book includes several illustrations and real-world examples that bridge the gap between theory and application and enhance the utility of the text. Written primarily for the students of business management, it also caters to the requirements of undergraduate and postgraduate students of other disciplines, especially commerce and economics. Salient Features: In-depth coverage of the subject using suitable illustrations, graphs, and charts Completely revamped chapters making them more comprehensive and user-friendly New topics, like concepts of big data, business analytics, multivariate distribution, Fisher’s least significant difference , etc. Innovative in-chapter features, like Consider This, MS Excel, and Statistics in Real World Rich pedagogy, including numerous solved ex-amples, objective type questions, discussion questions and exercises

Contents:

1. Introduction to Business Statistics and Analytics

2. Summarizing and Presenting Statistical Data

3. Measures of Central Tendency

4. Measures of Variation

5. Measures of Skewness and Kurtosis

6. Theory of Probability

7. Probability Distributions

8. Sampling and Sampling Distributions

9. Theory of Estimation

10. Testing of Hypotheses: Means and Proportions

11. Tests of Variance and Analysis of Variance (ANOVA)

12. Simple, Multiple, and Partial Correlation Analysis

13. Simple and Multiple Regression Analysis

14. Chi-square and Other Non-parametric Tests

15. Index Numbers

16. Time Series Analysis and Forecasting

17. Statistical Decision Theory