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Introductory Business Statistics Vol 1

By Melissa Cardon

Product Image: Introductory Business Statistics Vol 1

Introductory Business Statistics Vol 1

By Melissa Cardon

0 - Default Title
Description
1.Introduction to Business Statistics: Provide an overview of statistics in a business context, emphasizing its importance in decision-making, problem-solving, and analyzing market trends and business performance.2.Data Types and Collection: Explain the types of data (qualitative and quantitative) and methods for collecting business data through surveys, experiments, and observational studies, ensuring data accuracy and relevance.3.Descriptive Statistics: Discuss techniques for summarizing and presenting data, including measures of central tendency (mean, median, mode), dispersion (range, variance, standard deviation), and data visualization tools like charts and graphs.4.Probability Concepts: Introduce the basics of probability and its applications in business, including risk assessment, forecasting, and decision-making under uncertainty.5.Sampling and Estimation: Explore sampling methods, sample size determination, and the concept of sampling distributions, as well as point and interval estimation for making predictions about populations.6.Hypothesis Testing: Explain hypothesis testing procedures, including null and alternative hypotheses, p-values, and confidence levels, and their application in evaluating business strategies and outcomes.7.Correlation and Regression Analysis: Discuss methods to analyze relationships between variables, using correlation coefficients and regression models to predict trends and outcomes in business scenarios.8.Applications in Business Decision-Making: Highlight practical applications of statistics in areas such as marketing analysis, financial forecasting, quality control, and customer behavior analysis to support strategic planning.
Product details
Number of Pages:
398
Release Date:
2025-01-01
Publication Date:
2025-01-01
Publisher:
Kruger Brentt Publisher UK. LTD.
Languages:
Original: English
ISBN10:
1787153967
ISBN13:
9781787153967
GPSR Manufacturer Reference:
[email protected]
Weight:
941 g
Height:
183 cm
Width:
260 cm
Thickness:
26 cm
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