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Macmillan Higher Education Palgrave Higher Education

Essential Quantitative Methods

For Business, Management and Finance

Edition 6th Edition
ISBN 9781137518569
Publication Date September 2017
Formats Ebook Paperback 
Publisher Palgrave

This concise and accessible textbook covers all of the key quantitative methods needed to solve everyday business problems.  Les Oakshott’s clear and friendly writing style guides students from basic statistics, through to advanced topics, such as hypothesis testing and time series, as well as operational research techniques such as linear programming and inventory management.  Step-by-step instructions and accompanying activities will help students to practice and gain confidence in carrying out techniques. The book’s coverage is fully grounded within the real world of business. Real-life case studies open every chapter and numerous examples throughout demonstrate why quantitative techniques are needed for a business to be successful.   

An ideal textbook for undergraduate students of business, management and finance, it is also widely used by MBA students and postgraduates.

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Les Oakshott is a former Associate Fellow of Warwick Business School, UK. He has worked in industry and education and has wide experience of applying teaching quantitative methods in a business context.

2. Keeping up with Change: Index Numbers
PART II: COLLECTING AND INTERPRETING DATA 3. Collecting Data: Surveys and Samples
4. Finding Patterns in Data: Charts and Tables
5. Making Sense of Data: Averages and Measures of Spread
PART III: PROBABILITY& STATISTICS 6. Taking a Chance: Probability
7. The Shape of Data: Probability Distributions
8. Interpreting with Confidence: Analysis of Sample Data
9. Checking Ideas: Testing a Hypothesis
10. Cause and Effect: Correlation and Regression
PART IV: DECISION MAKING TECHNIQUES 11. How to make Good Decisions
12. Choosing wisely: Investment Appraisal
13. Forecasting: Time Series Analysis
14. Making the Most of Things: Linear Programming
15. Planning Large Projects: Network Analysis
16. Managing Stock Levels: Materials Management and Inventory Control.


Chapter 1 is a great inclusion. Many of my students have a quant background equivalent to the level of a high school student in year 10. They need help with the prerequisite fundamentals and most textbooks I've seen (including the one I currently use) don't address this need. ... in my opinion Les Oakshott has written an appealing, accessible and engaging text.' – George Mihaylov, University of Adelaide
'I like the idea of the first chapter to repeat basic mathematical operations, I think this is quite useful. A strength of the book is the good linkage between tools and the description of the most common basic quantitative research approaches.' – Alexander Brem, Southern Denmark
'Yes the chapters are pretty easy to grasp and good hands on options.' – Bilal Moosa, Hogeschool van Amsterdam
'The main strength of the book is its simplicity. It does not assume knowledge and builds up gradually. I like the fact that both Excel and SPSS are referenced in the book to encourage the students to engage with software.' – Charlotte Price
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