A Guide to Business Statistics
Featuring an intuitive approach to statistics, this book uniquely fills a gap in the current literature by presenting a comprehensive introduction to the fundamental statistics concepts with in the fields of business and economics. The author maintains clear and insightful explanations of the core concepts and techniques in statistics without relying on mathematical rigor including equations and theorems. Maintaining a concise exposition with minimal distractions, the book follows a comprehensive trajectory within each chapter by providing clear explanations to the key concepts. This approach is intentional so that readers to learn in a linear fashion to better understand the core concepts. The book features a brief summary of the key elements at the end of each chapter in order to reinforce the presented concepts and uses running examples throughout so that the same example is referenced to illustrate a variety of concepts. Mathematical formulae and notation is delegated to technical appendices at the end of each chapter, and a glossary of terms is also provided. Topical coverage includes: statistics, data, and statistical thinking; descriptive statistics; probability; probability distributions; sampling distributions; confidence intervals; hypotheses tests; design of experiments and analysis of variance; simple linear regression; model building; time series and forecasting; and nonparametric statistics.