The Numbers Guide, now in its fifth edition, is aimed at managers who have budgetary, planning or forecasting responsibilities and is invaluable for everyone who wants to be competent, and able to communicate effectively, with numbers.
There are chapters on Key Concepts, Finance and investment, Measures for interpretation and analysis, Forecasting techniques, Sampling and hypothesis testing Incorporating judgments into decisions, Decision-making, Linear programming and networking.
The guide also points out common pitfalls, such as: · On rounding: Two times two makes four? Right? Wrong. The answer could be anywhere between two and six when dealing with rounded numbers. · On percentages: If the inflation rate rises from 10% to 12% it has risen by two percentage points, but the actual percentage increase is 20%.
Customer Reviews:
Avg. Customer Rating: 4.5 / 5.0
OK, who ordered the numbers?:
Appreciative readers (they tend to be long-term readers as well) of the ECONOMIST sometimes wonder why misspellings and non sequiturs are virtually absent from that superb weekly magazine. The answer?: an obsessive dedication to editorial rigor, nowhere better exemplified than in this 'style guide' for the numbers set. It doubles as a methodological guide, for it sets out near canonical equations and means for solving economic problems. Nine chapters cover: Key concepts
Finance and... more info
From Great to Good:
I have read cover-to-cover a previous edition of this book (when it was published by Wiley in 1998) and recently had an opportunity to carefully peruse this current edition (5th ed. by Bloomberg Press???). What I found is that this is a strange case of how a great book (the 1998 edition) turned into merely a good book (this 5th edition). Because of this regression toward the average, I deducted one star from my review (but still feel that it is good enough for 4 stars).
This book provides concise and clear definitions of business analytics with practical applications. Excellent for the neophyte in business math. Helpful index and glossary to get started. Good guide to use if learning stats or marketing research.
A good start:
For a novice in economics, not an easy field to be a novice in, this was a helpful book. It got me started, by which I mean I wasn't completely lost when I read it.
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