Business Statistics For Dummies

Learn to:

• Grasp the core concepts and principles of business statistics
• Make sense of problems and processes common to the world of global business and economics
• Score your highest in your business statistics course

Make sound business decisions and produce powerful reports

Business Statistics For Dummies tracks to a typical business statistics course and offers clear, practical explanations of statistical ideas, techniques, formulas, and calculations. Many real-life examples show how these concepts apply to the world of global business and economics. If you're studying business at the university level or you're a professional looking for a desk reference on this complicated topic, Business Statistics For Dummies has you covered.

• Statistics 101 — get an introduction to probability, sampling techniques and sampling distributions, and drawing conclusions from data
• Pictures tell the story — find out how to use several types of charts and graphs to visualize the most important properties of a data set
• Take the pain out of probability — discover the lowdown on generating outcomes, types of probabilities, and rules of probability
• Have confidence — draw conclusions from samples with the confidence interval, testing hypotheses about population means, analysis of variance, and testing hypotheses about population variances

Open the book and find:

• The use of statistics in daily life
• Sampling techniques and sampling distributions
• Methods for finding the mean of a data set
• Binomial, geometric, and Poisson distributions
• The scoop on t-distribution
• Regression analysis and forecasting
• Errors that arise in statistical analysis
• Key formulas and statistical tables