No Image Available

Numbers guide : the essentials of business numeracy

 Format: Print  Author/s: Stutely, Richard  Call Number: HF5691 S694 1993  Publisher: The Economist Books Ltd.  Place of Publication: Great Britain  Date of Publication: 1993  ISBN: 241001803  Pages: 237  Language: English  Dimension: 23 cm  Tags: Business numeracy |
 About the Resource:

This guide covers all you need to know about numbers and numerical techniques. Liberally scattered with charts, graphs, tables, and feature boxes, it explains the fundamentals of numeracy and provides a range of essential methods for effective decision making.


An A-Z of terms gives easy reference and is supported by a detailed index.


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 percentages points, but the actual percentage increase is 20%.


On probability

The probability of dealing a five-card hand containing four aces is 48/2,598,960=0.0000185 or 1 in 54,145. Not something to put money on.

Submit your review

Create your own review

Market Education
Average rating:  
 0 reviews