Business Mathematics and Statistics 7th Edition
Andre Francis | Ben Mousley
ISBN-13: 9781408083154 | ISBN-10: 1408083159
© 2014 | Published |  640  Pages

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Paperback/Softcover Book/Jrnal
US $85.00
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This seventh edition of Business Mathematics and Statistics provides a thorough grounding in basic mathematical and statistical techniques, helping students to learn how to make decisions when presented with incomplete information.

Comprehensive coverage of statistical methods, management mathematics and probability and extensive examples and questions make this essential reading for students on business and accounting courses and also students studying economics.



  • 1 Introduction to Business Mathematics and Statistics

    Part 1. Data and their presentation
    2. Sampling and Data Collection
    3. Data and their Accuracy
    4. Frequency Distributions and Charts
    5. General Charts and Graphs

    Part 2. Statistical measures
    6. Arithmetic Mean
    7. Median
    8. Mode and Other Measures of Location
    9. Measures of Dispersion and Skewness
    10. Standard Deviation
    11. Quantiles and the Quartile Deviation

    Part 3. Regression and correlation
    12. Linear Functions and Graphs
    13. Regression Techniques
    14. Correlation Techniques

    Part 4. Time series analysis
    15. Time Series Model
    16. Time Series Trend
    17. Seasonal Variation and Forecasting

    Part 5 Index numbers
    18. Index Relatives
    19. Composite Index Numbers
    20. Special Published Indices

    Part 6. Compounding, discounting and annuities
    21. Interest and Depreciation
    22. Present Value and Investment Appraisal
    23. Annuities

    Part 7 Business equations and graphs
    24. Functions and Graphs
    25. Linear Equations
    26. Quadratic and Cubic Equations
    27. Differentiation and Integration
    28. Cost, Revenue and Profit Functions
    Examination examples and questions

    Part 8 Probability
    29. Set Theory and Enumeration
    30. Introduction to Probability
    31. Conditional Probability and Expectation

    Part 9. Further probability
    32. Combinations and Permutations
    33. Binomial and Poisson Distributions
    34. Normal Distribution

    Part 10 Specialised business applications
    35. Linear Inequalities
    36. Matrices
    37. Inventory Control
    38. Network Planning and Analysis

    • Numerous examples in each chapter bring the maths to life and apply theory to context.
    • Self-review and exercise sections at the end of every chapter allow students to test their knowledge of what they have just learned.
    • Provides an accessible and practical foundation in the mathematical and statistical techniques used in business and management.
    • Examination examples and worked solutions at the end of each part help support effective preparation for examinations.
    • The seventh edition also comes with a companion website of useful resources including additional questions and answers.
    For more information about these supplements, or to obtain them, contact your Learning Consultant

    • Andre Francis has recently retired from his position as a medical statistician at QMC, University Hospital, Nottingham. He also taught mathematics, statistics and information processing to students on business and professional courses for many years.

      Ben Mousley currently teaches mathematics and statistics in the United Arab Emirates. He also teaches postgraduate quantitative and qualitative research at the Corvinus University of Budapest, Hungary and was previously lecturer in postgraduate marketing research and undergraduate statistics.