Analytic perturbation theory in analyzing some QCD observables

The paper is devoted to application of recently devised ghost-free Analytic Perturbation Theory (APT) for analysis of some QCD observables. We start with the discussion of the main problem of the perturbative QCD - ghost singularities and with the resume of this trouble solution within the APT. By a few examples in the various energy and momentum transfer regions (with the flavor number f = 3, 4 and 5) we demonstrate the effect of improved convergence of the APT modified perturbative QCD expansion. Our first observation is that in the APT analysis the three-loop contribution (of an order of αs3) is as a rule numerically inessential. This raises hope for practical solving the well-known problem of asymptotic nature of common QFT perturbation series. The second conclusion is that a common perturbative analysis of time-like events with the big π2 term in the π2 coefficient is not adequate at s ≤ 2 GeV2. In particular, this relates to τ decay. Then, for the 'high' (f = 5) region it is shown that the common two-loop (NLO, NLLA) perturbation approximation widely used there (at 10 GeV ≤ √s ≤ 170 GeV) for analysis of shape/events data contains a systematic negative error of a 1 - 2 per cent level for the extracted α bar s(2) values. Our physical conclusion is that the α bar s(MZ2) value averaged over the f = 5 data <α bar s(MZ2)>APT;f=5 ≅ 0.124 appreciably differs from the currently accepted 'world average' (= 0.118)