Essentials of Business Statistics: Using Excel
3rd Edition
9364442555
·
9789364442558
© 2026 | Published: April 25, 2026
About the Book:Essentials of Business Statistics: Using Excel is a practical and student-friendly textbook designed for business students to understand and apply statistical concepts in real-world situations. The book emphasizes “communicating with…
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Chapter 1: Data and Data Preparation
Appendix 1.1: Introduction to AI in Business Statistics
Chapter 2: Data Visualization
Chapter 3: Summary Measures
Chapter 4: Introduction to Probability
Chapter 5: Discrete Probability Distributions
Chapter 6: Continuous Probability Distributions
Chapter 7: Sampling and Sampling Distributions
Chapter 8: Interval Estimation
Chapter 9: Hypothesis Testing
Chapter 10: Comparisons Involving Means
Chapter 11: Comparisons Involving Proportions
Chapter 12: Regression Analysis
Chapter 13: More Topics in Regression Analysis
Chapter 14: Forecasting with Time Series Data
Appendix A: Big Data Sets: Variable Description and Data Dictionary
Appendix B: Getting Started with Excel
Appendix C: Brief Answers to Select Even-Numbered Exercises
Appendix D: Indian Cases
Index
Appendix 1.1: Introduction to AI in Business Statistics
Chapter 2: Data Visualization
Chapter 3: Summary Measures
Chapter 4: Introduction to Probability
Chapter 5: Discrete Probability Distributions
Chapter 6: Continuous Probability Distributions
Chapter 7: Sampling and Sampling Distributions
Chapter 8: Interval Estimation
Chapter 9: Hypothesis Testing
Chapter 10: Comparisons Involving Means
Chapter 11: Comparisons Involving Proportions
Chapter 12: Regression Analysis
Chapter 13: More Topics in Regression Analysis
Chapter 14: Forecasting with Time Series Data
Appendix A: Big Data Sets: Variable Description and Data Dictionary
Appendix B: Getting Started with Excel
Appendix C: Brief Answers to Select Even-Numbered Exercises
Appendix D: Indian Cases
Index
About the Book:
Essentials of Business Statistics: Using Excel is a practical and student-friendly textbook designed for business students to understand and apply statistical concepts in real-world situations. The book emphasizes “communicating with numbers,” helping learners not only perform calculations but also interpret and present data effectively for decision-making. It covers key topics such as data analysis, probability, sampling, hypothesis testing, regression, and forecasting, all explained in an intuitive manner. A major feature of the book is the integration of Microsoft Excel, which is used as a tool to simplify complex calculations and enhance practical understanding. Overall, the book bridges the gap between theory and application, making statistics more relevant and accessible for business use. This special Indian edition includes an appendix on Generative AI, enabling students to understand its role, design effective prompts, and apply the Do–Explain–Verify framework for responsible use in business statistics.
Key Features:
• Each chapter begins with a relevant case study and ends with a summary of results.
• Emphasis on helping students interpret results and communicate insights effectively for decision-making.
• Regression analysis is covered in a detailed and clear manner, providing a thorough understanding.
• Concepts are taught intuitively with examples, and Excel is used for complex calculations.
• Includes Indian case studies and a Generative AI appendix, helping students apply concepts in real contexts and use AI effectively in business statistics.
Essentials of Business Statistics: Using Excel is a practical and student-friendly textbook designed for business students to understand and apply statistical concepts in real-world situations. The book emphasizes “communicating with numbers,” helping learners not only perform calculations but also interpret and present data effectively for decision-making. It covers key topics such as data analysis, probability, sampling, hypothesis testing, regression, and forecasting, all explained in an intuitive manner. A major feature of the book is the integration of Microsoft Excel, which is used as a tool to simplify complex calculations and enhance practical understanding. Overall, the book bridges the gap between theory and application, making statistics more relevant and accessible for business use. This special Indian edition includes an appendix on Generative AI, enabling students to understand its role, design effective prompts, and apply the Do–Explain–Verify framework for responsible use in business statistics.
Key Features:
• Each chapter begins with a relevant case study and ends with a summary of results.
• Emphasis on helping students interpret results and communicate insights effectively for decision-making.
• Regression analysis is covered in a detailed and clear manner, providing a thorough understanding.
• Concepts are taught intuitively with examples, and Excel is used for complex calculations.
• Includes Indian case studies and a Generative AI appendix, helping students apply concepts in real contexts and use AI effectively in business statistics.