Description

Everyone involved in business or economics needs a basic understanding of statistics. Elementary Statistics for Business and Economics introduces the subject and explains and demonstrates the application of key statistical concepts and techniques. • Students do not require any prior knowledge of statistics or advanced level mathematics. • Topics are presented in a precise and clear style supported by formulae, worked examples and graphic illustrations. • The text shows not only how to perform statistical calculations and tests, but also how to choose the right calculations and methods and interpret the results. • Material includes a chapter on index series and their application to the CPI and the inflation rate, and a chapter on interest calculations and their application to loans, bonds and investments. Elementary Statistics for Business and Economics includes a resource CD with: • Solutions to the concept, multiple-choice and supplementary questions in each chapter; and • Guidelines on how to use Excel to solve statistical problems.