The book has been prepared to meet specific requirements of the First Semester MBA Students. The book serves as a practical self-learning guide with step by step explanation to enhance confidence in subject. Concepts have been simplified in such a way that it can be easily grasped even by the students having no background of statistics or mathematics. Problems have been taken from the latest question papers of universities to appraise the students about the latest trends and to match with pattern of examination. The books severs as comprehensive text for both descriptive and inferential statistics which is most commonly included in all the universities offering MBA program.