Introductory Statistics for Business and Economics

Theory, Exercises and Solutions

  • Jan Ubøe

Part of the Springer Texts in Business and Economics book series (STBE)

Table of contents

  1. Front Matter
    Pages i-xiv
  2. Jan Ubøe
    Pages 1-26
  3. Jan Ubøe
    Pages 27-39
  4. Jan Ubøe
    Pages 41-53
  5. Jan Ubøe
    Pages 55-74
  6. Jan Ubøe
    Pages 75-96
  7. Jan Ubøe
    Pages 97-111
  8. Jan Ubøe
    Pages 113-157
  9. Jan Ubøe
    Pages 159-175
  10. Jan Ubøe
    Pages 177-200
  11. Jan Ubøe
    Pages 201-244
  12. Jan Ubøe
    Pages 245-314
  13. Back Matter
    Pages 315-466

About this book


This textbook discusses central statistical concepts and their use in business and economics. To endure the hardship of abstract statistical thinking, business and economics students need to see interesting applications at an early stage. Accordingly, the book predominantly focuses on exercises, several of which draw on simple applications of non-linear theory. The main body presents central ideas in a simple, straightforward manner; the exposition is concise, without sacrificing rigor. 

The book bridges the gap between theory and applications, with most exercises formulated in an economic context. Its simplicity of style makes the book suitable for students at any level, and every chapter starts out with simple problems. Several exercises, however, are more challenging, as they are devoted to the discussion of non-trivial economic problems where statistics plays a central part.


Probability theory Statistical thinking Statistics exercises Statistics for Business Statistics for Economics Inference Applications of statistics to business and economics Applications to finance Descriptive statistics Random variables Probability distributions Estimation Hypothesis testing Regression Combinatorics Mean and variance Option pricing Conditional probabilities Excel for statistics Expectation

Authors and affiliations

  • Jan Ubøe
    • 1
  1. 1.Department of Business and Management ScienceNorwegian School of EconomicsBergenNorway

Bibliographic information

  • DOI
  • Copyright Information Springer International Publishing AG 2017
  • Publisher Name Springer, Cham
  • eBook Packages Mathematics and Statistics
  • Print ISBN 978-3-319-70935-2
  • Online ISBN 978-3-319-70936-9
  • Series Print ISSN 2192-4333
  • Series Online ISSN 2192-4341
  • Buy this book on publisher's site
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