The Practice of Statistics for Business and Economics

The Practice of Statistics for Business and Economics uses an accessible approach that applies to the world of business and economics.

Statistics is the science of data. The practice of Statistics for Business and Economics is an introduction to statistics for students of business and economics based in this principle. We present methods of basic statistics in a way that emphasizes working with data and mastering statistical reasoning. This textbook is elementary in mathematical level but conceptually rich in statistical ideas. After completing a course based on our text, the authors would like students to be able to think objectively about conclusions drawn from data and use statistical methods in their own work.