The purpose of STATISTICS FOR BUSINESS AND ECONOMICS is to give students, primarily those in the fields of business administration and economics, a conceptual introduction to the field of statistics and its many applications. The text is applications oriented and written with the needs of the nonmathematician in mind; the mathematical prerequisite is knowledge of algebra. Applications of d…
Statisticians refer to an entire group that is being studied as a population. Each member of the population is called a unit. In this example, the population is all Galapagos Tortoises, and the units are the individual tortoises. It is not necessary for a population or the units to be living things, like tortoises or people. For example, an airline employee could be studying the population o…
Accounting knowledge is a core business skill that both complements and enhances your other talents. Individuals promoted to management or supervisory roles from either line or staff jobs find that many of their new responsibilities involve knowing something about accounting. Congratulations on your promotion! You’ve come to the right place to start developing those accounting skills. If you …
IUFoST is a federation of 65 countries (represented by their appropriate national bodies, known as Adhering Bodies), and four regional groupings in Europe, Africa, Asia and Latin America. It is thus a global organization for over 200,000 food scientists and technologists and the world voice on food science and technology. It represents food science and technology to other world bodies such …
I must have been forty years old before reading Frederic Bastiat’s classic The Law. An anonymous person, to whom I shall eternally be in debt, mailed me an unsolicited copy. After reading the book I was convinced that a liberal-arts education without an encounter with Bastiat is incomplete. Reading Bastiat made me keenly aware of all the time wasted, along with the frustrations of going…
There is no single authoritative and generally accepted definition of financial accounting, or of accounting in general. It began as a practical activity in response to perceived needs, and for most of its development it has progressed in the same way, adapting to meet changes in the demands made on it. Where the needs differed in different countries or environments, accounting tended to develo…