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Quantitative Analysis for Business
Want to learn business math painlessly? Then this textbook is what you need. Written by the author, Gene Wright, after teaching business math for over 15 years, this book is written so that someone could sit down, read it, and have it seem as if they had a private tutor sitting there beside them, explaining the topic being covered. It is written using a very conversational style.
This text is presently used in the author's sophomore level Quantitative Analysis for Business class at a local university and covers two broad areas of math application to business problems: the time value of money and an introduction to basic statistics.
The book uses three commonly available business calculators -- the HP 10B, the HP 12C, and the TI BAII Plus Advanced Business Analyst. The slight changes needed for the examples to work with the HP 10bII are also covered. However, the approaches used (and even many of the key presses) would work with any business calculator or programmable calculator running a Time Value of money program.
Chapters included: Simple Interest, Compound Interest, More Compound Interest Topics, Annuities, More Annuity Topics, Special Annuities, Cash Flow Analysis, Data Collection and Presentation, Central Tendency and Dispersion, Basic Probability Concepts, Probability Distributions, and Correlation and Linear Regression.
This book is a great help to anyone studying for the CFA (Chartered Financial Analyst) exam or who desires to learn how to use their financial calculator effectively.
This is the third edition with several new sections and revisions from the earlier editions.
The author has been teaching business math to college students for over 15 years. He is a graduate of Vanderbilt University's Owen School of Management with an MBA in Finance. He has worked for Arthur Andersen designing financial systems, for a hospital management company designing a flexible budgeting system, for an actuary designing pension termination and defined contribution systems, for a large insurance company as an internal consultant to senior management, and Ford Credit.