This seventh edition of Business Mathematics and Statistics provides a thorough grounding in basic mathematical and statistical techniques, helping students to learn how to make decisions when presented with incomplete information.
Comprehensive coverage of statistical methods, management mathematics and probability and extensive examples and questions make this essential reading for students on business and accounting courses and also students studying economics.
1 Introduction to Business Mathematics and Statistics
Part 1. Data and their presentation
2. Sampling and Data Collection
3. Data and their Accuracy
4. Frequency Distributions and Charts
5. General Charts and Graphs
Part 2. Statistical measures
6. Arithmetic Mean
7. Median
8. Mode and Other Measures of Location
9. Measures of Dispersion and Skewness
10. Standard Deviation
11. Quantiles and the Quartile Deviation
Part 3. Regression and correlation
12. Linear Functions and Graphs
13. Regression Techniques
14. Correlation Techniques
Part 4. Time series analysis
15. Time Series Model
16. Time Series Trend
17. Seasonal Variation and Forecasting
Part 5 Index numbers
18. Index Relatives
19. Composite Index Numbers
20. Special Published Indices
Part 6. Compounding, discounting and annuities
21. Interest and Depreciation
22. Present Value and Investment Appraisal
23. Annuities
Part 7 Business equations and graphs
24. Functions and Graphs
25. Linear Equations
26. Quadratic and Cubic Equations
27. Differentiation and Integration
28. Cost, Revenue and Profit Functions
Examination examples and questions
Part 8 Probability
29. Set Theory and Enumeration
30. Introduction to Probability
31. Conditional Probability and Expectation
Part 9. Further probability
32. Combinations and Permutations
33. Binomial and Poisson Distributions
34. Normal Distribution
Part 10 Specialised business applications
35. Linear Inequalities
36. Matrices
37. Inventory Control
38. Network Planning and Analysis
