Download e-book for iPad: Statistics for economics, accounting and business studies by Michael Barrow

By Michael Barrow

ISBN-10: 0273717944

ISBN-13: 9780273717942

It is a transparent and concise creation to a number statistical techniques and strategies for economics, accounting and enterprise students.

content material: bankruptcy 1: Descriptive information bankruptcy 2: chance bankruptcy three: likelihood distributions bankruptcy four: Estimation and self assurance durations bankruptcy five: speculation checking out bankruptcy 6: Thec 2and F distributions bankruptcy 7: Correlation and regression bankruptcy eight: a number of regression bankruptcy nine: info assortment and sampling equipment bankruptcy 10: Index numbers bankruptcy eleven: Seasonal adjustment of time-series info Appendices
summary: it is a transparent and concise creation to a number statistical strategies and strategies for economics, accounting and enterprise scholars

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Extra resources for Statistics for economics, accounting and business studies

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We shall use a variety of graphical techniques to explore the question. K. e. not seeking work) and by educational qualification (higher education, A-levels, other qualification or no qualification). The table gives a cross-tabulation of employment status by educational qualification and is simply a count (the frequency) of the number of people falling into each of the 12 cells of the table. For example, there were 8 541 000 people in work who had experience of higher education. This is part of a total of just over 36 million people of working age.

Part of the skill of the statistician is to know which methods of analysis and presentation are best suited to each particular problem. Summarising data using graphical techniques Education and employment, or, after all this, will you get a job? We begin by looking at a question which should be of interest to you: how does education affect your chances of getting a job? It is now clear that education improves one’s life chances in various ways, one of the possible benefits being that it reduces the chances of being out of work.

For example, in an exam the marks may range from a low of 28% to a high of 74%. In this case the range is 74 − 28 = 46 and this tells us something useful. An improvement is the inter-quartile range (IQR), which is the difference between the first and third quartiles. qxd 26/02/2009 09:04 Page 34 Chapter 1 • Descriptive statistics distribution. To calculate the first quartile (which we label Q1) we have to go one-quarter of the way along the line of wealth holders (ranked from poorest to wealthiest) and ask the person in that position what their wealth is.

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Statistics for economics, accounting and business studies by Michael Barrow


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