Vital Statistics ― Probability and Statistics for Economics and Business

Unlike most business statistics textbooks, Vital Statistics offers an approachable, calculus-optional introduction to statistics with a careful presentation of basic inference procedures. Sandholm and Saraniti devote substantial effort to helping students develop intuitions about key concepts in probability before providing a deep treatment of core ideas in statistics. They focus on topics and applications that matter to economists but receive little attention in other textbooks, making this the ideal introductory text for economics students.

William Sandholm is the Richard E. Stockwell Professor of Economics at University of Wisconsin - Madison, where he has been teaching since 2002. His research is in the area of game theory, specifically dynamic models of evolution and learning in games. He has published a number of articles and is Associate Editor of Journal of Dynamics and Games, Dynamic Games and Applications, Theoretical Economics, and Journal of Economic Theory.

Brett Saraniti is Visiting Professor of Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University, where he has been honored with multiple teaching awards. He also teaches at INSEAD and Hawaii Pacific University. At INSEAD, Professor Saranitiy won the Best Teacher Aware for the Core Classes in 2008. He has been a frequent visitor at the Sasin Graduate Institute in Bangkok, Thailand; IESE in Barcelona; the Brisbane Graduate School of Business in Queensland, Australia; the Thunderbird School of Global Management; and the Helsinki School of Economics and Business Administration in Finland. School at Northwestern.