Download or read book Statistics in Management Science written by Andrew V. Metcalfe and published by Hodder Education. This book was released on 2000 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book to introduce senior level students of management science practicing managers to the modern powerful statistical methods that are available for optimizing and improving business processes. Using realistic case studies from businesses, this book explains the key statistical concepts workers in this field need to know. In particular, there is a focus on the use of probabilistic methods and statistical analysis in a business context and the value of these methods for managers. The mathematical explanations are comprehensive with an emphasis on the essential principles.