Step by step, Business Math and Statistics are written to assist mathematics and statistics to be refreshed in a fast way as the basis of a strict MBA program. This book fills the gap between many textbooks, often on mathematics and statistics, but not on both levels.
It serves also as both a textbook describing fundamental ideas and a workbook showing many examples and issues in practice. This book only includes the most basic subjects in company mathematics and statistics and defines the basic concepts step by step.
Step by step Business mathematics and statistics cover the fundamental mathematical and statistical elements, including:
- Algebra Review
- Calculus Review
- Optimization Methods
- Applications to Economics
- Data Collection Methods
- Probability Theory
- Sampling Distributions
- Multiple Regression Analysis
Jin Choi is Associate Professor of Economics at the Kellstadt Graduate School of Business at DePaul University (Chicago, Illinois). He is specialized in teaching quantitative subjects such as business mathematics, statistics, forecasting, and quantitative investment analysis.
He also teaches cash and banking subjects and serves as a member of the board of directors of a $555 million community bank in Chicago. He got the 2007 DePaul University Award for Excellence in Teaching and emphasizes the practical use of theory in his teaching.
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