This 2nd edition compendium contains and explains essential statistical
formulas within an economic context. Expanded by more than 100 pages
compared to the 1st edition, the compendium has been supplemented with
numerous additional practical examples, which will help readers to
better understand the formulas and their practical applications. This
statistical formulary is presented in a practice-oriented, clear, and
understandable manner, as it is needed for meaningful and relevant
application in global business, as well as in the academic setting and
economic practice.
The topics presented include, but are not limited to: statistical signs
and symbols, descriptive statistics, empirical distributions, ratios and
index figures, correlation analysis, regression analysis, inferential
statistics, probability calculation, probability distributions,
theoretical distributions, statistical estimation methods, confidence
intervals, statistical testing methods, the Peren-Clement index, and the
usual statistical tables.
Given its scope, the book offers an indispensable reference guide and is
a must-read for undergraduate and graduate students, as well as
managers, scholars, and lecturers in business, politics, and economics.