Teaches students how to apply statistics to real business problems through the authors' unique three-step approach to problem solving. Students learn to identify, compute and interpret the results in the context of the problem.

Statistics For Management is a textbook of business statistics that helps students grasp the fundamentals of the subject in a simple and easy manner.Statistics For Management is a detailed textbook on the subject of business statistics. It seeks to dispel the seeming complexity of the subject by presenting the concepts in a lucid and visually demonstrative manner. The book begins with an overview of business statistics. Subsequent chapters cover topics like tables and graphs, probability, sampling, estimation, testing hypotheses, and quality and quality control. The last few chapters present concepts like chi-square, analysis of variance, simple regression and multiple regression, non-parametric methods, time series and forecasting, and index numbers. The book ends with a chapter on decision theory. The concepts in the book are explained at length, and illustrative explanations are given precedence over complex mathematical notations. Also, each discussion is accompanied by examples that demonstrate one or more real world applications of the concepts. All the hypothesis tests are conducted using the standardized scale. Every section ends with three types of exercises for practice self-evaluative, basic, and application exercises. A very useful feature of the book is the Hints And Assumptions feature, which provides useful hints for solving the exercise problems and alerts the students about the commonly committed mistakes while solving them. Statistics For Management was published in 2011 by Pearson.

Primarily intended for the undergraduate and postgraduate students of management, the book can also be of immense help to the students of commerce, science and economics. The contents of the book cover the syllabi of various Indian universities and B-schools. The book is the outcome of the extensive teaching experience of the authors in various management schools. The text encompasses topics on descriptive statistics and averages, probability and Bayes’ theorem, distributions, sampling techniques, significance tests, chi-square tests and ANOVA. Besides, the book also acquaints the readers with the regression and correlation, and time series and index numbers. Distinguishing Features of the book • Statistics answers your questions in the beginning of each chapter outlines various areas of applications of statistics. • Various supplementary examples aid the students in gaining a thorough understanding of the discussed concept. • The case studies use real, recent and easily understandable data collected from various sources that acquaint the students with the real-life situations. • The self-test and exercises given at the end of each chapter test students’ comprehension of various underlying concepts and principles. • Answers to self-test and hints to exercises are also provided.