The purpose of Statistical Techniques in Business and Economics is to introduce students in various business fields to descriptive and inferential statistics applications in a student-friendly manner, without the need for prior coursework. Originally published in 1967, the text reflects the changing landscape of data availability, with numerous sources tracking and recording information seamlessly. With access to calculators and statistical software like Microsoft Excel and MINITAB, students can quickly analyze and interpret data without getting bogged down in calculations. The text uses examples and screen captures to familiarize students with software outputs, emphasizing conceptual understanding over computation. By focusing on critical thinking and information synthesis, students are equipped to interpret and make decisions based on the large volume of numerical data available in today's business environment. The key concepts and principles are still presented, supported by relevant examples to reinforce learning.