Statistics is vital to decision making in business and our everyday lives. This book on statistics, in its Second Edition, continues to cover both the theoretical and the practical aspects of statistics which facilitate easy understanding of the fundamentals.
The book contains twenty-two chapters. It begins with an introduction of statistics and describes statistical survey and sampling methods. It then discusses collection, classification, tabulation, as well as diagrammatic and graphical presentation of data very lucidly. The book then goes on to explain measures of central tendency or averages, measures of dispersion, measures of skewness, kurtosis and moments, and correlation and regression analysis. Finally, index numbers, time series analysis, probability and theoretical distributions, along with vital and population statistics, are discussed in a clear way.
This book is primarily designed for the undergraduate and the postgraduate students of economics, commerce and management. In addition, it will be of great benefit to the students of demography and mathematics.