3rd ed. 2013, XLVIII, 1206 p. 313 illus., 189 illus. in color.
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Includes solution manual, test bank and powerpoint presentations for download on the Springer page for the book
Fully revised third edition is the definitive Business Statistics text to use Finance, Economics, and Accounting throughout the entire book
Students learn to apply Statistical methodology to real world situations
Since publication of first edition in 1993, this text has been adopted by universities around the world
Statistics for Business and Financial Economics, 3rd edition is the definitive Business Statistics book to use Finance, Economics, and Accounting data throughout the entire book. Therefore, this book gives students an understanding of how to apply the methodology of statistics to real world situations. In particular, this book shows how descriptive statistics, probability, statistical distributions, statistical inference, regression methods, and statistical decision theory can be used to analyze individual stock price, stock index, stock rate of return, market rate of return, and decision making. In addition, this book also shows how time-series analysis and the statistical decision theory method can be used to analyze accounting and financial data. In this fully-revised edition, the real world examples have been reconfigured and sections have been edited for better understanding of the topics.
Content Level »Upper undergraduate
Keywords »Decision Theory - Distributions - Statistical Analysis - Statistical Finance - Statistical Inference - Time Series