Business Statistics: Statistical Methods by S P Gupta and Archana Agarwal
provides a clear and practical approach to learning business statistics. It is designed for students and professionals who want to understand and apply statistical methods to real-world business problems. The book covers the fundamentals of statistics, including data collection, measures of central tendency, and dispersion.
In the later chapters, the authors delve into more advanced topics such as probability theory, hypothesis testing, and regression analysis. These concepts are explained with real-world examples, making the book relevant and accessible for business professionals.
A key feature of Business Statistics: Statistical Methods by S P Gupta and Archana Agarwal is its focus on applied business problems. It integrates case studies from different industries, allowing readers to see how statistical techniques can be used to make informed business decisions. The book also includes exercises, solved problems, and self-assessment questions to reinforce learning.
Additionally, the book emphasizes the use of statistical software tools like SPSS and Excel, which are essential for analyzing large datasets in today’s business environment. The authors ensure that readers can use these tools effectively in their business analytics tasks.
In short, Business Statistics: Statistical Methods by S P Gupta and Archana Agarwal is an excellent resource for anyone looking to master business statistics. It blends theoretical concepts with practical applications and offers readers the tools they need to succeed in the field of business analytics.
