# Applied Business Statistics: Methods and Excel-based Applications

Juta and Company Ltd, 2010 - Business & Economics - 625 pages

Empowering management students with statistical decision-making skills, this text instructs on how to become active participants where statistical findings are reported. Descriptions are provided of the vast role that statistics play in fields such as marketing, finance, human resources, production, and logistics. Rather than being a passive observer, this guide educates the meaning behind the numbers that allow those in business situations to be informed members of the decision-making process.

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This book is the best statistical text book ever to be studied

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student friendly ... easy to understand which is a good thing

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### Contents

 Setting the Statistical Scene 2 DataTypes Sources and Methods of Collection 17 Exploratory Data Analysis 38 Summarising Data Pivot Tables and Graphs 63 Location Measures 93 Descriptive Statistics Dispersion and Skewness Measures 120 Probability and Sampling 146 Probability Distributions 171
 ChiSquared Hypotheses Tests 338 Comparing Multiple Population Means 382 Statistical Models for Forecasting and Planning 406 Measuring Business Activity 456 A Forecasting Tool 491 Interest Annuities and NPV 530 Appendices 563 Exercise Answers 571

 Sampling and Sampling Distributions 211 Making Statistical Inferences 231 Hypotheses Tests Single Population Means and Proportions 255 Hypotheses Tests Comparison Between Two Populations 297
 List of Key Formulae 608 Index 615 Copyright