Business Statistics, 5/e

Business Statistics, 5/e

Authors : J K Sharma

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About the Author

J K Sharma :-

J K Sharma, formerly a Professor at the Faculty of Management Studies, University of Delhi, has more than 40 years of teaching experience of Operations Research, Business Statistics, Business Mathematics, Supply Chain Management, and Project Management. He was awarded the Madan Mohan Gold Medal for securing first position in MSc (Mathematics) examination. He has been a visiting Professor at Group ESSEC (A Graduate School of Management) in France during 1992-94; Amity University, Dubai campus during 2011-12; and Amity Institute of Higher Education, Mauritius during 2012-13. He has authored 25 books, which have been widely appreciated by the students of undergraduate and postgraduate classes of all the Indian universities/management institutes, and has also written more than 135 research papers/case studies. Also 21 students got Ph.D. degree under his supervision.

Dr. Sharma has served as Founder Director of G L Bajaj Institute of Management and Research, Greater Noida; Institute of Management Studies, Noida; and Maharishi Institute of Management, Noida. He is associated with several Schools of Management in different roles in the country and is also involved in conducting management development programmes for both public as well as private sector companies.

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About the Book

 

The fifth edition of the book Business Statistics will provide readers an understanding of problem-solving methods, and analysis, thus enabling readers to develop the required skills and apply statistical techniques to decision-making problems.  A large number of new business-oriented solved as well as practice problems have been added, thus creating a bank of problems that give a better representation of the various business statistics techniques.

This book meets the specific and complete requirements of students pursuing MBA/PGDBM, B.Com., M.Com., MA(Eco), CA, ICWA, BBA, BIS/BIT/BCA, etc., courses, who need to understand the basic concepts of business statistics and apply results directly to real-life business problems. The book also suits the requirements of students who need practical knowledge of the subject, as well as for those preparing for competitive examinations.

 

Contents

1. STATISTICS: AN OVERVIEW

2. DATA CLASSIFICATION, TABULATION AND PRESENTATION

3. MEASURES OF CENTRAL TENDENCY

4. MEASURES OF DISPERSION

5. SKEWNESS, MOMENTS, AND KURTOSIS

6. FUNDAMENTALS OF PROBABILITY

7. PROBABILITY DISTRIBUTIONS

8. SAMPLING AND SAMPLING DISTRIBUTIONS

9. ESTIMATION AND CONFIDENCE INTERVALS

10. HYPOTHESIS TESTING

11. CHI-SQUARE AND OTHER NON-PARAMETRIC TESTS

12. ANALYSIS OF VARIANCE

13. CORRELATION ANALYSIS

14. REGRESSION ANALYSIS

15. PARTIAL AND MULTIPLE CORRELATION AND REGRESSION ANALYSIS

16. FORECASTING AND TIME SERIES ANALYSIS

17. INDEX NUMBERS

18. STATISTICAL QUALITY CONTROL

19. STATISTICAL DECISION THEORY

APPENDICES

INDEX

 

Key Features

  • Each chapter contains Learning Objectives to guide the students and help them focus their attention on understanding a specific topic under study.
  •  Each chapter contains Concept Quizzes to help students reinforce their understanding of the principles and applications of business statistics techniques.
  • Explanations are well illustrated with numerous interesting and varied business-oriented examples.
  • Conceptual Questions and Self-Practice Problems with Hints and Answers are given in each chapter to enable students to learn at their own pace.
 

New Features

  • The text of almost each chapter has been reorganized and/or rewritten to make explanations more cogent through relevant and interesting examples.
  • Complete conformity to the latest trends of questions appearing in universities and professional examinations.
  •  Several exercises in each chapter have been solved using MS Excel and SPSS to demonstrate the use of software.
  • References to questions set in examinations of various Indian universities have been updated.