✓ You need to use the techniques in this book in a practical setting and have little or no previous experience with statistics. I am willing to make the following assumptions about you as the reader of this book: This book can’t make you an expert in statistics, but provides you with a way of improving your knowledge very quickly so that you can use statistics in practical settings right away. You will also find a summary of key formulas at the back of the book along with important statistical tables. I explain each equation in great detail, and all key terms are explained in depth. Along the way, there are many helpful tips and reminders so that you get the most out of each chapter. In cases where the contents of a chapter are based on previous readings, you are guided back to the original material. ✓ Improve your understanding of the circumstances in which each statistical technique should be usedĪs a For Dummies title, this book is organized into modules you can skip around and learn about various statistical techniques in the order that suits you. ✓ Provide you with many worked-out examples of these principles so that you can master them ✓ Give you the principles on which statistical analysis is based
Statistics for dummies pdf how to#
This book is designed to show you how to apply statistics to practical situations in a step-by-step manner, so that by the time you’re done, you’ll know as much about statistics as people with far more education in this area!Īll business degrees require at least some statistics courses, and there’s a good reason for that! All business disciplines are empirical by nature, meaning that they need to analyze actual data to be successful. Far from being an overbearing collection of equations, it is a logical framework for analyzing practical business problems with real-world data. This is where the science of statistics comes in. Without a formal framework for analyzing these types of situations, it would be impossible to have any confidence in our results. Statistics make it possible to analyze real world problems with actual data, so that we can understand if our marketing strategy is really working, or how much a company should charge for its products, or any of a million other practical questions. Why, then, is statistics so important? All business disciplines can be analyzed with statistical principles. Have you always been scared to death of statistics? You and just about everyone else! The equations are extremely intimidating, and the terminology sounds so.
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