Many people find statistics challenging, but most statistics professors do not. As a result, it is sometimes hard for our professors and the authors of statistics textbooks to make statistics clear and practical for business students, managers, and executives. Business Statistics Demystified fills that gap. We begin slowly, introducing statistical concepts without mathematics. We build step by step, from defining statistics in Part One providing the basic tools for creating and understanding statistical reports in Part Two, introducing the statistical measures commonly—and some not-so-commonly—used in business in Part Three and, in Part Four, applying statistics to practical business situations with forecasting, quality management, and more
