Statistics is playing a very useful role in the field of business management. The basic problem of the management is to finalize decisions in the midst of uncertainty and statistical methods have the capacity to provide help in making wise decisions in such an environment. It is not an exaggeration to say that today nearly every decision in business is made with the aid of statistical data and statistical tools.
In this context Statistical Analysis as a core subject has acquired prominence in the curriculum of M.Com. and M.B.A. The present text has been planned and designed especially to cope with the needs of students of M.Com. and M.B.A. and to present the subject of technical and mathematical nature in a very simple language and lucid style.
- The subject-matter has been arranged and systematized strictly according to the latest syllabus.
- The language and style of presentation are so simple that even a student without having a mathematical background may understand statistical formulae, their explanations, notations, and applications conveniently. Mathematical complexity has been avoided as far as possible and wherever desirable the notations and terminology have been explained in detail.
- The language and style of presentation are so simple that even a student without having a mathematical background may understand statistical formulae, their explanations, notations, and applications conveniently. Mathematical complexity has been avoided as far as possible and wherever desirable the notations and terminology have been explained in detail.
- Illustrations and questions both have been arranged in an identical sequence so that students can easily solve the questions after understanding the illustrations in the same order.
- Short answer and objective type questions (Theoretical as well as Numerical) have been incorporated according to the new examination pattern.
- Step-wise detailed answers have been given at the end of each question and at the end of each chapter, all formulae relevant to that chapter have been given at one place.
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