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Introductory Business Statistics Vol 2 by Cardon, Melissa

Introductory Business Statistics Vol 2

by Melissa Cardon
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Book cover type: Hardcover
  • ISBN13: 9781787154520
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Kruger Brentt Publisher Uk. Ltd.
  • Publisher Imprint: Kruger Brentt Publisher Uk. Ltd.
  • Publication Date:
  • Pages: 378
  • Original Price: GBP 109.95
  • Language: English
  • Edition: N/A
  • Item Weight: 871 grams
  • BISAC Subject(s): Statistics

1.Introduction to Business Statistics: Provide an overview of statistics in a business context, emphasizing its importance in decision-making, problem-solving, and analyzing market trends and business performance.

2.Data Types and Collection: Explain the types of data (qualitative and quantitative) and methods for collecting business data through surveys, experiments, and observational studies, ensuring data accuracy and relevance.

3.Descriptive Statistics: Discuss techniques for summarizing and presenting data, including measures of central tendency (mean, median, mode), dispersion (range, variance, standard deviation), and data visualization tools like charts and graphs.

4.Probability Concepts: Introduce the basics of probability and its applications in business, including risk assessment, forecasting, and decision-making under uncertainty.

5.Sampling and Estimation: Explore sampling methods, sample size determination, and the concept of sampling distributions, as well as point and interval estimation for making predictions about populations.

6.Hypothesis Testing: Explain hypothesis testing procedures, including null and alternative hypotheses, p-values, and confidence levels, and their application in evaluating business strategies and outcomes.

7.Correlation and Regression Analysis: Discuss methods to analyze relationships between variables, using correlation coefficients and regression models to predict trends and outcomes in business scenarios.

8.Applications in Business Decision-Making: Highlight practical applications of statistics in areas such as marketing analysis, financial forecasting, quality control, and customer behavior analysis to support strategic planning.

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