Practical Business Statistics

"Practical Business Statistics, 5/e" was written in response to instructors not wanting a formula driven, mathematically encyclopedic book. The use of computer applications means some topics no longer require coverage in detail. This allows future managers to know how to use and understand statistics. The text does this by using examples with real data that relate to the functional areas of business such as finance, accounting, and marketing. It de-emphasizes the theoretical, and presents the material in a well-written, easy style designed to motivate students. The emphasis is on understanding and applications as opposed to mathematical precision and formula detail.

 

Part I:INTRODUCTION :DEFINING THE ROLE OF STATISTICS IN BUSINESS1.INTRODUCTION:DEFINING THE ROLE OF STATISTICS IN BUSINESS2.DATA STRUCTURES:CLASSIFYING THE VARIOUS TYPES OF DATA SETS3.HISTOGRAMS:LOOKING AT THE DISTRIBUTION OF DATA4.LANDMARK SUMMARIES:INTERPRETING TYPICAL VALUES AND PERCENTILES5.VARIABILTY:DEALING WITH DIVERSITYPART II:PROBABILTY6.PROBABILITY:UNDERSTANDING RANDOM SITUATIONS7.RANDOM VARIABLES:WORKING WITH UNCERTAIN NUMBERSPART III:STATISTICAL INFERENCE8.RANDOM SAMPLING9.CONFIDENCE INTERVALS:ADMITTING THAT ESTIMATES ARE NOT EXACT10.HYPOTHESIS TESTING:DECIDING BETWEEN REALITY AND COINCIDENCEPART IV:REGRESSION AND TIME SERIES11.CORREALTION AND REGRESSION:MEASURING AND PREDICTING RELATIONSHIPS12.MULTIPLE REGRESSION:PREDICTING ONE FACTOR FROM SEVERAL OTHERS13.REPORT WRITING:COMMUNICATING THE RESULTS OF A MULTIPLE REGRESSION14.TIME SERIES:UNDERSTANDING CHANGES OVER TIMEPART V:METHODS AND APPLICATIONS15.ANOVA:TESTING FOR DIFFERENCES AMONG MANY SAMPLES, AND MUCH MORE16.NONPARAMETRICS:TESTING WITH ORDINAL DATA OR NONNORMAL DISTRIBUTIONS17.CHI-SQUARED ANALYSIS:TESTING FOR PATTERNS IN QUALITIVE DATA18.QUALITY CONTROL:RECOGNIZING AND MANAGING VARIATIONAPPENDIX A:EMPLOYEE DATABASEAPPENDIX B:DONATIONS DATABASEAPPENDIX C:SELF-TEST:SOLUTIONS TO SELECTED PROBLEMS AND DATABASE EXERCISESAPPENDIX D:STATISTICAL TABLESAPPENDIX E:STATPAD QUICK REFERENCE GUIDE