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Numbers Guide: The Essentials of Business Numeracy / Edition 5
     

Numbers Guide: The Essentials of Business Numeracy / Edition 5

by Richard Stutely
 

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ISBN-10: 1576601447

ISBN-13: 2901576601449

Pub. Date: 06/11/2003

Publisher: Wiley

A handy reference to stay on top of global economic trends. In today's global arena it is imperative that business people keep abreast of the economics of nations around the world. Every day features the release of a new barrage of updated economic indicators and figures that carry often hidden messages about the direction of segments of the economy. This pocket

Overview

A handy reference to stay on top of global economic trends. In today's global arena it is imperative that business people keep abreast of the economics of nations around the world. Every day features the release of a new barrage of updated economic indicators and figures that carry often hidden messages about the direction of segments of the economy. This pocket reference enables readers to quickly revisit the meaning and impact of late-breaking economic news, and to make better decisions based on the looming economic terrain.

Product Details

ISBN-13:
2901576601449
Publisher:
Wiley
Publication date:
06/11/2003
Series:
Economist Series
Edition description:
5TH
Pages:
256

Table of Contents

List of tablesvii
List of figuresvii
Introduction1
1Key concepts6
Summary6
Ways of looking at data6
Fractions, percentages and proportions8
Index numbers14
Notation17
Probability21
Counting techniques27
Encryption31
2Finance and investment33
Summary33
Interest33
Annuities43
Investment analysis47
Inflation51
Interest rate problems in disguise52
Exchange rates53
3Descriptive measures for interpretation and analysis57
Summary57
Distributions57
Normal distributions65
4Tables and charts74
Summary74
Tables74
Charts77
5Forecasting techniques88
Summary88
Time series89
Trends94
Seasonal adjustment98
Cycles102
Residuals102
Cause and effect103
Identifying relationships with regression analysis104
Forecast monitoring and review113
6Sampling and hypothesis testing116
Summary116
Estimating statistics and parameters116
Confidence121
Other summary measures124
Non-parametric methods129
Hypothesis testing130
7Incorporating judgments into decisions137
Summary137
Uncertainty and risk137
Decision trees141
Perfect information145
The expected value of sample information147
Making the final decision151
8Decision-making in action157
Summary157
Game strategy157
Queueing161
Stock control164
Markov chains: what happens next?166
Project management170
Simulation172
9Linear programming and networking175
Summary175
Identifying the optimal solution175
Traps and tricks180
Multiple objectives180
Networks181
A-Z185
Index241

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