This well-known textbook continues to offer comprehensive coverage on use of statistics for managerial decision making. The content in this new edition is very apt for the students to understand, analyse and take decisions in real-life management scenarios. Simple language and rich pedagogy make it an easy-to-understand and appropriate textbook for management students and practicing managers.

Chapter 1: Introduction—Scope and Applications
Chapter 2: Types, Sources and Collection of Data
Chapter 3: Presentation of Data
Chapter 4: Measures of Central Tendency and Dispersion
Chapter 5: Probability
Chapter 6: Sampling Techniques
Chapter 7: Statistical Distributions
Chapter 8: Simple Correlation and Regression Analysis
Chapter 9: Multiple Correlation and Regression Analysis
Chapter 10: Statistical Inference
Chapter 11: Analysis of Variance and Design of Experiments
Chapter 12: Non-Parametric Tests
Chapter 13: Time Series Analysis
Chapter 14: Forecasting Method
Chapter 15: Decision Theory
Chapter 16: Index Number
Chapter 17: Role of Statistics in Quality Management

Appendix I - Excel - A Tool for Statistical Analysis
Appendix II - Symbols, Notation, Some results and Formulae
Appendix III - Introduction to IBM® SPSS® Statistics 18

* Statistical Tables
* Answers to Exercises
* Index