The increasing importance of statistics has led to the necessity of fundamental knowledge of statistical methods in order to recognize and represent societal as well as business contexts. This book presents the most important statistical methods along with their applications in business practice. The aim is to familiarize the reader with the application possibilities of statistical methods through a practical and decision-oriented presentation style. Clearly structured diagrams and summaries provide assistance. Each chapter explains and deepens the material using business examples. Additional questions and tasks with sample solutions allow for self-study of the content. This book is particularly intended for teaching at business faculties.