BUSINESS STATISTICS presents basic concepts as well as broad and upto date functions and techniques. Thorough emphasis has been given on theoretical aspect as well as on problems concerned with these theories. Topics covered include Central Tendency, Dispersion, Time Series Analysis, Index Number, Correlation, Regression, Sampling Distributions, Estimation, Chi-Square Distribution, Analysis of Variance probability and hypothesis testing, random variables, sampling, analyzing business data, decision theory, and more. Though designed for classroom use, this is also valuable as self-teaching volume for business persons engaged in various fields. When used in college business courses, it answers, "how to apply statistical methods to a variety of business situations in order to produce enlightened and profitable information.