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Math for the Non-Math Lovers (Collection)

Book Description

Even You Can Learn Statistics, 2nd Ed. is the easiest guide to using statistics in your everyday work or study. Experienced educators David Levine and David Stephan teach statistics hands-on, in plain English, with as little math and as many revealing examples as possible. Levine and Stephan define each concept and technique in plain English, and then explain why it's important, when it's used, and how you can apply it yourself. This Second Edition is fully-updated. Along the way, Levine and Stephan also help you overcome common misconceptions about statistics, so you can use any statistical method more confidently and successfully.

In this classic book, long-time CEO Robert Follett shows you exactly how to "keep score" in business by reading and interpreting company financials. Step by step, Follett helps you capture crucial insights buried in balance sheets, income statements, and other key financial reports. Follett shows how to apply core tools for analyzing financial reports and investment opportunities, and demystifies key accounting terms every manager and investor needs to know. This book won't turn you into an accountant, but it will enable you to work confidently with accountants, auditors, financial analysts, budget directors, controllers, treasurers, bankers, and brokers—and make more informed business decisions every single day. Thoroughly updated for current financial practices, How to Keep Score in Business, Second Edition covers all this, and much more.

Table of Contents

  1. About This eBook
  2. Title Page
  3. Copyright Page
  4. Contents
  5. Even You Can Learn Statistics: A Guide for Everyone Who Has Ever Been Afraid of Statistics, Second Edition
    1. Copyright Page
    2. Dedication Page
    3. Acknowledgments
    4. About the Authors
    5. Introduction: The Even You Can Learn Statistics Owners Manual
      1. Mathematics Is Always Optional!
      2. Learning with the Concept-Interpretation Approach
      3. Practicing Statistics While You Learn Statistics
      4. In-Chapter Aids
      5. End-of-Chapter Features
      6. New to the Second Edition
      7. Summary
    6. Chapter 1. Fundamentals of Statistics
      1. 1.1 The First Three Words of Statistics
      2. 1.2 The Fourth and Fifth Words
      3. 1.3 The Branches of Statistics
      4. 1.4 Sources of Data
      5. 1.5 Sampling Concepts
      6. 1.6 Sample Selection Methods
      7. One-Minute Summary
      8. Test Yourself
      9. Answers to Test Yourself
      10. References
    7. Chapter 2. Presenting Data in Charts and Tables
      1. 2.1 Presenting Categorical Variables
      2. 2.2 Presenting Numerical Variables
      3. 2.3 Misusing Charts
      4. One-Minute Summary
      5. Test Yourself
      6. References
    8. Chapter 3. Descriptive Statistics
      1. 3.1 Measures of Central Tendency
      2. 3.2 Measures of Position
      3. 3.3 Measures of Variation
      4. 3.4 Shape of Distributions
      5. Important Equations
      6. One-Minute Summary
      7. Test Yourself
      8. References
    9. Chapter 4. Probability
      1. 4.1 Events
      2. 4.2 More Definitions
      3. 4.3 Some Rules of Probability
      4. 4.4 Assigning Probabilities
      5. One-Minute Summary
      6. Test Yourself
      7. References
    10. Chapter 5. Probability Distributions
      1. 5.1 Probability Distributions for Discrete Variables
      2. 5.2 The Binomial and Poisson Probability Distributions
      3. 5.3 Continuous Probability Distributions and the Normal Distribution
      4. 5.4 The Normal Probability Plot
      5. Important Equations
      6. One-Minute Summary
      7. Test Yourself
      8. References
    11. Chapter 6. Sampling Distributions and Confidence Intervals
      1. 6.1 Sampling Distributions
      2. 6.2 Sampling Error and Confidence Intervals
      3. 6.3 Confidence Interval Estimate for the Mean Using the t Distribution (σ Unknown)
      4. 6.4 Confidence Interval Estimation for Categorical Variables
      5. Important Equations
      6. One-Minute Summary
      7. Test Yourself
      8. References
    12. Chapter 7. Fundamentals of Hypothesis Testing
      1. 7.1 The Null and Alternative Hypotheses
      2. 7.2 Hypothesis Testing Issues
      3. 7.3 Decision-Making Risks
      4. 7.4 Performing Hypothesis Testing
      5. 7.5 Types of Hypothesis Tests
      6. One-Minute Summary
      7. Test Yourself
      8. Answers to Test Yourself
      9. References
    13. Chapter 8. Hypothesis Testing: Z and t Tests
      1. 8.1 Testing for the Difference Between Two Proportions
      2. 8.2 Testing for the Difference Between the Means of Two Independent Groups
      3. 8.3 The Paired t Test
      4. Important Equations
      5. One-Minute Summary
      6. Test Yourself
      7. References
    14. Chapter 9. Hypothesis Testing: Chi-Square Tests and the One-Way Analysis of Variance (ANOVA)
      1. 9.1 Chi-Square Test for Two-Way Cross-Classification Tables
      2. 9.2 One-Way Analysis of Variance (ANOVA): Testing for the Differences Among the Means of More Than Two Groups
      3. Important Equations
      4. One-Minute Summary
      5. Test Yourself
      6. References
    15. Chapter 10. Simple Linear Regression
      1. 10.1 Basics of Regression Analysis
      2. 10.2 Determining the Simple Linear Regression Equation
      3. 10.3 Measures of Variation
      4. 10.4 Regression Assumptions
      5. 10.5 Residual Analysis
      6. 10.6 Inferences About the Slope
      7. 10.7 Common Mistakes Using Regression Analysis
      8. One-Minute Summary
      9. Test Yourself
      10. References
    16. Chapter 11. Multiple Regression
      1. 11.1 The Multiple Regression Model
      2. 11.2 Coefficient of Multiple Determination
      3. 11.3 The Overall F test
      4. 11.4 Residual Analysis for the Multiple Regression Model
      5. 11.5 Inferences Concerning the Population Regression Coefficients
      6. One-Minute Summary
      7. Test Yourself
      8. References
    17. Chapter 12. Quality and Six Sigma Applications of Statistics
      1. 12.1 Total Quality Management
      2. 12.2 Six Sigma
      3. 12.3 Control Charts
      4. 12.4 The p Chart
      5. 12.5 The Parable of the Red Bead Experiment: Understanding Process Variability
      6. 12.6 Variables Control Charts for the Mean and Range
      7. Important Equations
      8. One-Minute Summary
      9. Test Yourself
      10. References
    18. Appendix A. Calculator and Spreadsheet Operation and Configuration
      1. A.C1 Calculator Operation Conventions
      2. A.C2 Calculator Technical Configuration
      3. A.C3 Using the A2MULREG Program
      4. A.C4 Using TI Connect
      5. A.S1 Spreadsheet Operation Conventions
      6. A.S2 Spreadsheet Technical Configurations
    19. Appendix B. Review of Arithmetic and Algebra
      1. Assessment Quiz
      2. Symbols
      3. Answers to Quiz
    20. Appendix C. Statistical Tables
    21. Appendix D. Spreadsheet Tips
      1. CT: Chart Tips
      2. FT: Function Tips
      3. ATT: Analysis ToolPak Tips (Microsoft Excel only)
    22. Appendix E. Advanced Techniques
      1. E.1 Using PivotTables to Create Two-Way Cross-Classification Tables
      2. E.2 Using the FREQUENCY Function to Create Frequency Distributions
      3. E.3 Calculating Quartiles
      4. E.4 Using the LINEST Function to Calculate Regression Results
    23. Appendix F. Documentation for Downloadable Files
      1. F.1 Downloadable Data Files
      2. F.2 Downloadable Spreadsheet Solution Files
    24. Glossary
  6. How to Keep Score in Business: Accounting and Financial Analysis for the Non-Accountant
    1. Copyright Page
    2. Acknowledgments
    3. About the Author
    4. 1. Introduction
      1. The First Lesson: Scores Are Not Real Dollars
      2. The Accrual Method
      3. But Scores Are Important
    5. 2. Glossary of Key Financial Accounting Terms
      1. Glossary
    6. 3. The Balance Sheet
      1. The Balance Sheet Balances
      2. Acme Widget Company
      3. Acme Widget’s Year-End Balance Sheet
      4. A “Trial Balance”
      5. Constructing the Balance Sheet
      6. Summary
    7. 4. More Balance Sheet
      1. Cost Versus Value
      2. Intangible Assets
      3. Goodwill
      4. Reserves and Allowances
      5. The Going Concern Assumption
      6. Estimates Are Everywhere
      7. Purpose and Perspective
      8. Current Versus Noncurrent Balance Sheet Items
      9. Working Capital
      10. Average Collection Period
      11. Inventory Turnover
    8. 5. Still More Balance Sheet
      1. The Worksheet for Transactions
      2. Trial Balance Worksheet
      3. The Balance Sheet
      4. Analyzing the Balance Sheet
      5. Balance Sheet Summary
    9. 6. The Income Statement
      1. The Basic Income Statement
      2. Acme Widget’s First-Year Income Statement
      3. More on Cost of Sales
      4. Nonoperating Income and Expense
      5. Acme Widget’s Second-Year Income Statement
      6. Reconciliation of Retained Earnings
      7. Analyzing Income Statements
      8. Complicating Cost of Sales
      9. Summary of the Income Statement
    10. 7. Return on Investment (ROI)
      1. Return on Equity (ROE)
      2. Return on Invested Capital (ROIC)
      3. Return on Assets Used (ROAU)
      4. Cash-on-Cash Return
      5. Payback Method
      6. Discounted Cash Flow or Present Value Method
      7. Summary
    11. 8. Changes in Financial Position
      1. Summary
    12. 9. Cash Flow Budget
      1. Summary
    13. 10. Other Analysis Ratios and Tools
      1. Profit as a Percentage of Sales
      2. Breakeven
      3. Current Ratio
      4. Acid Test or Quick Ratio
      5. Debt-Equity Ratio
      6. Earnings Per Share
      7. Price-Earnings Ratio
    14. 11. A Summary of What You Have Learned
      1. The Balance Sheet
      2. The Income Statement
      3. Statement of Changes in Financial Position
      4. Cash Flow Budget
      5. Analyzing Financial Reports
      6. Conclusion
    15. A. Acme Widget Company
      1. Acme Widget Year One
      2. Acme Widget Year Two
      3. Acme Widget Year Three
    16. B. Present Value Tables