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  • Textbook
  • © 2013

Statistics for Business and Financial Economics

  • 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

  • Includes supplementary material: sn.pub/extras

  • Request lecturer material: sn.pub/lecturer-material

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Table of contents (21 chapters)

  1. Front Matter

    Pages i-xlviii
  2. Introduction and Descriptive Statistics

    1. Front Matter

      Pages 1-1
    2. Introduction

      • Cheng-Few Lee, John C. Lee, Alice C. Lee
      Pages 3-14
    3. Data Collection and Presentation

      • Cheng-Few Lee, John C. Lee, Alice C. Lee
      Pages 15-63
    4. Frequency Distributions and Data Analyses

      • Cheng-Few Lee, John C. Lee, Alice C. Lee
      Pages 65-94
    5. Numerical Summary Measures

      • Cheng-Few Lee, John C. Lee, Alice C. Lee
      Pages 95-153
  3. Probability and Important Distributions

    1. Front Matter

      Pages 155-155
    2. Probability Concepts and Their Analysis

      • Cheng-Few Lee, John C. Lee, Alice C. Lee
      Pages 157-210
    3. Discrete Random Variables and Probability Distributions

      • Cheng-Few Lee, John C. Lee, Alice C. Lee
      Pages 211-269
    4. The Normal and Lognormal Distributions

      • Cheng-Few Lee, John C. Lee, Alice C. Lee
      Pages 271-329
    5. Sampling and Sampling Distributions

      • Cheng-Few Lee, John C. Lee, Alice C. Lee
      Pages 331-379
    6. Other Continuous Distributions and Moments for Distributions

      • Cheng-Few Lee, John C. Lee, Alice C. Lee
      Pages 381-422
  4. Statistical Inferences Based on Samples

    1. Front Matter

      Pages 423-423
    2. Estimation and Statistical Quality Control

      • Cheng-Few Lee, John C. Lee, Alice C. Lee
      Pages 425-485
    3. Hypothesis Testing

      • Cheng-Few Lee, John C. Lee, Alice C. Lee
      Pages 487-542
    4. Analysis of Variance and Chi-Square Tests

      • Cheng-Few Lee, John C. Lee, Alice C. Lee
      Pages 543-612
  5. Regression and Correlation: Relating Two or More Variables

    1. Front Matter

      Pages 613-613
    2. Simple Linear Regression and the Correlation Coefficient

      • Cheng-Few Lee, John C. Lee, Alice C. Lee
      Pages 615-674
    3. Simple Linear Regression and Correlation: Analyses and Applications

      • Cheng-Few Lee, John C. Lee, Alice C. Lee
      Pages 675-737
    4. Multiple Linear Regression

      • Cheng-Few Lee, John C. Lee, Alice C. Lee
      Pages 739-792

About this book

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.

On the Springer page for the book, the solution manual, test bank and powerpoints are available for download.

Authors and Affiliations

  • , Department of Finance and Economics, Rutgers University Business School, Piscataway, USA

    Cheng-Few Lee

  • Morrisplains, USA

    John C. Lee

  • State Street Corporaton, Boston, USA

    Alice C. Lee

About the authors

Cheng-Few Lee is a professor of Finance and Economics at the Rutgers University Business School. Professor Lee is the Editor of the Review of Quantitative Finance and Accounting (RQFA), and the Review of Pacific Basin Financial Markets and Policies. He is the Director of the Conference on Financial Economics and Accounting, and the Conference on Pacific Basin Business, Economics and Finance. He has published more than 170 articles in journals including the Journal of Finance, JFQA, Accounting Review, Journal of Accounting Research, Review of Economics and Statistics, and Management Science. Professor Lee has written six books on corporate finance, portfolio management, business statistics and urban econometrics.

Bibliographic Information

Buy it now

Buying options

eBook USD 119.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 159.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access