Description
Basic Statistics for Business & Economics provides a practical introduction to the principles and applications of statistics in business and economics. The book explores descriptive statistics, probability, probability distributions, sampling methods, estimation, hypothesis testing, correlation, regression analysis, and statistical inference, with an emphasis on interpreting data and supporting evidence-based decision-making. It integrates real-world business and economic examples, case studies, and practical exercises to demonstrate how statistical techniques can be applied to solve organizational and economic problems. Through clear explanations and data-driven applications, the text equips students with the quantitative and analytical skills needed for academic study and professional practice.