Understanding Business Statistics
This easy-to-understand volume demystifies the field of statistics for the nonmathematically minded business manager. Simplified tables and graphs explain fundamentals. Readers also get some understanding of how statistics can be misused, and how to cut through the numbers to gain some understanding of a business's direction and prospects.
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able actual amounts applied bar charts basic operations bers Binary options break-even budget business contexts BUSINESS SUCCESS GUIDE calculate the mean called cell central tendency Collect data component costs cumulative frequency customers Decision trees describe example expected value factor facts and figures fraction frequency distributions Gannt charts give graphic gross profit grouped data histogram Ideagrams ideas illustrating data inflation involve kurtosis large numbers lative look math mathematical mation measure of dispersion mid-point moving average normal number of values Numbers—The Raw Material organize and analyze packages Pareto analysis percentage pictograms pie charts plot population probabil probability problem solving processes proportion quantities relationship represents the value revenue rules of number sample scatter diagram seasonal variations set of data set of numbers shown simplify skills sources standard deviation statistical methods summation straight line graphs SUMMARY In Chapter Summative statistics techniques tion total number trends Understanding Business Statistics variables whole numbers