Description

Essentials of Business Statistics: Using Excel is a practical and student-friendly textbook designed to help business students understand and apply statistical concepts in real-world situations. The book emphasizes communicating with numbers, enabling learners not only to perform calculations but also to interpret and present data effectively for informed decision-making.

The text covers essential topics such as data analysis, probability, sampling, hypothesis testing, regression analysis, and forecasting, all explained in an intuitive and accessible manner. Concepts are introduced with a focus on business applications, making statistics relevant and meaningful for students and professionals alike.

A key feature of the book is the integration of Microsoft Excel, which is used throughout as a practical tool for simplifying complex calculations and enhancing analytical understanding. By combining statistical theory with hands-on application, the book helps readers build confidence in analyzing and interpreting data.

This Special Indian Edition includes an appendix on Generative AI in Business Statistics, helping students understand the role of AI, design effective prompts, and apply the Do–Explain–Verify framework for the responsible use of AI in business analytics and statistical decision-making.