Applied Statistics for Business and Economics

Title

Applied Statistics for Business and Economics

Files

Description

The text explores ways to describe data and the relationships found in data. It covers basic probability tools, Bayes " theorem, sampling, estimation, and confidence intervals. The text also discusses hypothesis testing for one and two samples, contingency tables, goodness-of-fit, analysis of variance, and population variances. In addition, the author develops the concepts behind the linear relationship between two numeric variables (simple regression) as well as the potentially nonlinear relationships among more than two variables (multiple regression). The final chapter introduces classical time-series analysis and how it applies to business and economics.

This text provides a practical understanding of the value of statistics in the real world. After reading the book, students will be able to summarize data in insightful ways using charts, graphs, and summary statistics as well as make inferences from samples, especially about relationships.

Content Provided by Syndetics.

ISBN

9781439805688

Publication Date

Winter 3-16-2010

Publisher

CRC Press

City

Boca Raton, FL

Keywords

Commercial statistics, economics, statistical methods

Disciplines

Business