Statistics: with applications in management and economics

IN THIS TEXT, realistic problems are integrated with a systematic presentation of principles and methods so that the reader can develop an understanding of the role of statistics in practical affairs while he is learning the theory and methodology of statistics. The purpose of this problem-centered approach is to make statistical methods meaningful to the beginner by showing why as well as how analyses are performed.
The text has been written to serve as an introductory course for students of business administration, industrial management, and economics. The first twelve chapters discuss a wide variety of factors involved in the preparation and use of quantitative data. The remaining four chapters deal with the special problems of sampling. No formal training in mathematics is presupposed. In the few see tions where procedures beyond those of ordinary arithmetic are employed, adequate instructions and illustrations are provided so that the student can learn (or review) as he goes along.

The book contains subject matter sufficient for a course up to five semester hours in duration. However, the topics included are not highly interdependent so that by exercising selectivity one can adapt the material to courses of shorter duration. In fact, the first seven chapters cover the processes involved in the collection, analysis, interpretation, and presentation of data, and a meaningful and useful very short course can be developed around this material.