This book has been written in a lucid and easy-to-understand manner to facilitate learning of the fundamentals, use, and application of statistics in areas like business decision making and economic analysis. With rich pedagogy and student-friendly features, it will create the interest of the students in this subject. Written primarily for the students of business management, it will also cater to the requirements of undergraduate and postgraduate students in other disciplines, especially commerce and economics.

Chapter 1: Introduction to Statistics and Data Collection Chapter 2: Summarizing and Presenting Statistical Data Chapter 3: Measures of Central Tendency Chapter 4: Measures of Variation Chapter 5: Skewness and Kurtosis, Moments Chapter 6: Theory of Probability Chapter 7: Statistical Decision Theory Chapter 8: Probability Distributions Chapter 9: Sampling and Sampling Distributions Chapter 10: Theory of Estimation Chapter 11: Testing of Hypotheses: Means and Proportions Chapter 12: Tests of Variance and Analysis of Variance (ANOVA) Chapter 13: Simple Linear Correlation and Regression Analysis Chapter 14: Partial and Multiple Correlation and Regression Analysis Chapter 15: Chi-square and Other Non-Parametric Tests Chapter 16: Index Numbers Chapter 17: Time Series and Forecasting Chapter 18: Statistical Quality Control