Numbers guide: Essentials of business numeracy

Material type: Text

TextPublication details: London; Economist Association; 1997Edition: 3rd edDescription: 237 pISBN:

9781861970336

Subject(s):

Numeracy

DDC classification:

330.0282 ECO 3rd ed.

Summary: The new edition of this well-established guide covers all you need to know about numbers and numerical techniques. Liberally scattered with charts, graphs, tables and feature boxes, it explains the fundamentals of numeracy and provides a range of essential methods for effective decision-making. An A-Z of terms gives easy reference and is supported by a detailed index. ● On rounding Two times two makes four? Right? Wrong. The answer could be anywhere between two and six when dealing with rounded numbers. On percentages Ifalic inflation rate rises from 10% to 12% it has two percentage points, but the actual percent increase is 20%. On probability The probability of dealing a five-card hand containing four aces is 48/2,598,960= 0.0000185 or 1 in 54,145. Not something to put money on.

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Books	Gandhi Smriti Library	330.0282 ECO 3rd ed. (Browse shelf(Opens below))	Available		84573

Total holds: 0

The new edition of this well-established guide covers all you need to know about numbers and numerical techniques. Liberally scattered with charts, graphs, tables and feature boxes, it explains the fundamentals of numeracy and provides a range of essential methods for effective decision-making.

An A-Z of terms gives easy reference and is supported by a detailed index.

● On rounding

Two times two makes four? Right? Wrong. The answer could be anywhere between two and six when dealing with rounded numbers.

On percentages

Ifalic inflation rate rises from 10% to 12% it has two percentage points, but the actual percent increase is 20%.

On probability

The probability of dealing a five-card hand containing four aces is 48/2,598,960= 0.0000185 or 1 in 54,145. Not something to put money on.

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