METHODS AND APPLICATIONS OF STATISTICS IN BUSINESS FINANCE AND MANAGEMENT SCIENCE

INSPIRED BY THE ENCYCLOPEDIA OF STATISTICAL SCIENCES, SECOND EDITION, THIS VOLUME PRESENTS THE TOOLS AND TECHNIQUES THAT ARE ESSENTIAL FOR CARRYING OUT BEST PRACTICES IN THE MODERN BUSINESS WORLD THE COLLECTION AND ANALYSIS OF QUANTITATIVE DATA DRIVES SOME OF THE MOST IMPORTANT CONCLUSIONS THAT ARE DRAWN IN TODAY'S BUSINESS WORLD, SUCH AS THE PREFERENCES OF A CUSTOMER BASE, THE QUALITY OF MANUFACTURED PRODUCTS, THE MARKETING OF PRODUCTS, AND THE AVAILABILITY OF FINANCIAL RESOURCES. AS A RESULT, IT IS ESSENTIAL FOR INDIVIDUALS WORKING IN THIS ENVIRONMENT TO HAVE THE KNOWLEDGE AND SKILLS TO INTERPRET AND USE STATISTICAL TECHNIQUES IN VARIOUS SCENARIOS. ADDRESSING THIS NEED, METHODS AND APPLICATIONS OF STATISTICS IN BUSINESS, FINANCE, AND MANAGEMENT SCIENCE SERVES AS A SINGLE, ONE-OF-A-KIND RESOURCE THAT GUIDES READERS THROUGH THE USE OF COMMON STATISTICAL PRACTICES BY PRESENTING REAL-WORLD APPLICATIONS FROM THE FIELDS OF BUSINESS, ECONOMICS, FINANCE, OPERATIONS RESEARCH, AND MANAGEMENT