Business Statistics: Vol. 1

The book Business Statistics has been designed to cover a comprehensive course in Business Statistics for the students of Commerce and Business Management. It presents a thorough treatment of statistical tools in such a way that a previous acquaintance with Statistics and Mathematics is not necessary. For the students of non-mathematical background, all the mathematical tools such as permutation, combination, set theory, factorial, etc. required for the study of probability have been properly dealt with. As far as possible, mathematical complexity has been avoided and wherever necessary, the notations and terminologies have been clearly described with detailed explanation of mathematical steps involved. Numerous real-world examples and applications have been provided throughout the book to reinforce basic statistical concepts used in commerce and business. This book follows a concept-example-exercise approach in all chapters for better understanding of the topics covered.Some of the special features of this book are: and bull; Solid organization, with presentation of information in a logical, easy-to-grasp sequence, incorporating the latest trends in the field of Business Statistics.