Basic Business Statistics Pdf. He started working on this book 15 years ago but got sidetracked by administrative duties. It means collection of facts and figures relating to.
Statistics is essential for all business majors and this text helps students see the role statistics will play in their own careers by providing examples drawn from all functional areas of business. You will soon understand that statistics and probability work together. Guided by principles set by major statistical and.
Business statistics 7 therefore the process of collecting classifying presenting analyzing and interpreting the numerical facts comparable for some predetermined purpose are collectively known as statistics.
It means collection of facts and figures relating to. Guided by principles set by major statistical and. He hopes that this intuitive approach helps students around the world. Collection of data is the basic activity of statistical science.