1st Edition

Statistics for Business

By Perumal Mariappan Copyright 2019
    372 Pages 61 B/W Illustrations
    by Chapman & Hall

    372 Pages 61 B/W Illustrations
    by Chapman & Hall

    Statistics for Business is meant as a textbook for students in business, computer science, bioengineering, environmental technology, and mathematics. In recent years, business statistics is used widely for decision making in business endeavours. It emphasizes statistical applications, statistical model building, and determining the manual solution methods.

    Special Features:

    This text is prepared based on "self-taught" method.

    • For most of the methods, the required algorithm is clearly explained using flow-charting methodology.
    • More than 200 solved problems provided.
    • More than 175 end-of-chapter exercises with answers are provided.
    • This allows teachers ample flexibility in adopting the textbook to their individual class plans.

    This textbook is meant to for beginners and advanced learners as a text in Statistics for Business or Applied Statistics for undergraduate and graduate students.

    1. Introduction to Statistics and Its Business Applications

    2. Data Structures, Data Sources, and Data Collection

    3. Data Presentation

    4. Measures of Central Tendency (MCT)

    5. Dispersion

    6. Skewness, Moments, and Kurtosis

    7. Correlation and Regression Analysis

    8. Probability

    9. Random Variables and Expectation

    10. Discrete Probability Distribution: Binomial and Poisson Distributions

    11. Continuous Probability Distribution: Normal Distribution

    12. Theory of Sampling

    13. Hypothesis Testing, Parametric Tests, Distribution Tests, and Tests

    of Significance

    Appendix A: Answers to Exercise Problems

    Appendix B: ST Statistical Tables


    Dr. Perumal Mariappan, is currently working as Head of PG Department of Actuarial Science, Bishop Heber College, in Trichy, Tamilnadu, India. He has PhDs in both Management and Mathematics. He has published 37 textbooks and more than hundred research articles in international journals. He has received 10 prestigious awards, is an editorial board member for many reputed international journals, and has visited ten countries.