The Statistical Method in Business: Applications of Probability and Inference to Business and Other Problems

Front Cover
The nature of the statistical method; Some fundamental concepts; Sources of knowledge; The use of numbers; Elements of probability calculations; Some useful analytical tools; Making inferences about the unknown, or the problem of intelligent guessing; A theory and method for making inferences about the mean of a Universe from information supplied by a Random sample; Inference ratios as ingredients in planning and decision making; Pooling information; Inferences about later samples from information about prior samples; Inferences from information expressed as a continuous variable; Reducing uncertainty by association: the problem and the model for analysis; Reducing uncertainty by association: application of the model to practical problems; Reducing uncertainty by association: multiple correlation analysis; The problem of changes over time; The anatomy of an economic time series; Forecasting an economic time series; Index numbers: the comparison of group characteristics.

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The Nature of the Statistical Method
Inferences from Information Expressed as a Con
The Prob

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