Book Description

Unique in approach, this short, basic introduction to business statistics focuses on the practical applications of data analysis to business decision making in an electronic spreadsheet environment. It uses a comprehensive database (in the form of a Microsoft Excel Workbook) for a fictitious company to illustrate techniques and methodology as well as to provide a source of problems and exercises in a unified business context. Other spreadsheet add-ins--PHStat; a student version of Crystal Ball; and Treeplan--are also used for additional analysis capability. An accompanying CD-ROM contains the database, additional files, the student version of Crystal Ball, and Treeplan software and documentation.Data Analysis and Business Decisions. Displaying and Summarizing Data. Random Variables and Probability Distributions. Sampling and Statistical Analysis for Decision Making. Statistical Quality Control. Regression Analysis. Forecasting. Selection Models and Risk Analysis. Optimization.For anyone needing a quick, hands-on, applied introduction to business statistics in the contemporary electronic spreadsheet environment. ... Read more

Reviews (1)

Covers points, but neither in a clear or concise manner.
If you're looking for a clear, easy to understand work, this is not for you. It seems the author fluctuates between writing for a population that is well versed in statistical understanding, to one that is just learning concepts and terms. The reader ends up being tossed around with too much information at times, and at other times too little information. There are many, many better works on these topics. ... Read more

Book Description

This text delivers clear and understandable explanations of business statistics concepts through the use of case studies and examples that reflect real applications of statistics relevant to business students. The richness and relevance of the data sets used to demonstrate statistical concepts sets this book apart from its competitors. Bowerman/ O'Connell/ Hand (BOH) also provides a fresh technology perspective. Excel and minitab output is included in the text to help students visualize concepts, and the coverage of the Internet included in the book is second to none. ... Read more

Reviews (1)

Great Text!
I've used a couple of chapters out of this book fairly extensively.They are easy to follow, interesting, and provide strong applied examples of techniques.Really useful for researchers interested in SEM techniques! ... Read more

Reviews (9)

Great book
I think this book is a great book for people understanding basic statistics and using SPSS. Actually, I also saw some reviewer didn't satisfy this book because it was too tough or could not cover more stuff. Honestly, I think this book already cover a lot of methods and I do not think one book can cover everything. Besides, if people need a specific method (for example: repeated measurement), I really do not think it is a right thing that they want to find every solutions from this book. It is unfair. Anyway, I still like this book because it is really a useful book.

Great book for everyone
I think this book is a great book for people understanding basic statistics and using SPSS. Actually, I also saw some reviewer didn't satisfy this book because it was too tough or could not cover more stuff. Honestly, I think this book already cover a lot of methods and I do not think one book can cover everything. Besides, if people need a specific method (for example: repeated measurement), I really do not think it is a right thing that they want to find every solutions from this book. It is unfair. Anyway, I still like this book because it is really a useful book.

Great book fir everyone
I think this book is a great book for people understanding basic statistics and using SPSS. Actually, I also saw some reviewer didn't satisfy this book because it was too tough or could not cover more stuff. Honestly, I think this book already cover a lot of methods and I do not think one book can cover everything. Besides, if people need a specific method (for example: repeated measurement), I really do not think it is a right thing that they want to find every solutions from this book. It is unfair. Anyway, I still like this book because it is really a useful book.

lifesaver
It had been a difficult couple of years. I had more life changes than most people have in 30 years, and not the least was that I had moved three times. In the middle of it all, I took multivariate statistics, a graduate course that I didn't have all the prerequisites for. I loved the course, but wow, was it hard. The sheer volume of the work nearly flattened me. Then I had an emotional meltdown right in the middle of the semester project, which was to apply seven multivariate techniques to the data I had collected for my own research.

My professor gave me an "incomplete," bless him, and I had the summer to finish the project. Then I moved again and lost everything -- class notes, textbook, everything.

Then I found this book, and it was all I needed to complete most of the project. Each section describes a statistical procedure clearly, with examples. It is easy to decide whether the technique is appropriate for your data, or, as in my case, how to use your data to try a technique. Then you walk through the technique, step by step, with pictures. The book gives you annotated printouts to help you find the most useful information in what SPSS gives you.

Then, my favorite part -- a sample results section in APA style. If I hadn't had this, I would never have finished by my revised due date, and would have had to repeat the course.

Downside -- it tells you what choices to make as you go through each analysis without fully explaining the options. That's good when you're in a hurry (and I was) but I would love to see these authors make an expanded version to use when I have more time. I would like their help with choosing additional graphs, for instance.

It doesn't help with non-SPSS techniques, of course, and I certainly could have used some help with Structural Equation Modeling. I have since bought Rex Kline's excellent book for that.

If you need to do some heavyweight statistics, you have SPSS, and you find the SPSS help file impenetrable (if you can understand it, you don't need it), then this book is for you. It's worth its weight in gold, and it's heavy.

great spss book
Green, Salkind and Akey did a great job in introducing SPSS procedures to students.

The first strength of this book is its use of research scenarios, I found that most useful because sometimes students can't automatically relate some statistical techniques with the research question.

The second strength is the extensive coverage of variety of topics. It covers most of the SPSS procedures, from graphing to descriptive statistics and inferential statistics.

The third strength, the one that can be easily ignored, is the depth of its coverage of some advanced SPSS techniques. For example, the /lmatrix method in the 2-way ANOVA simple main effects and post-hoc contrasts situation is very advanced. Most SPSS books just use the traditional way to conduct the contrast, that is, using the omnibus sum square of error term and hand-computing the new F-value. In using /lmatrix, this process is greatly simplified and more accurate.

However, this shouldn't be the only statistics book at hand when you are trying to answer your research questions. An elementary statistics book is recommended as this book is not covering the computation and rational part of the analysis. ...

If you use SPSS, this book is a must. ... Read more

Book Description

The Fast Forward MBA in Business Math brings you the information you need when you need it most-now!

This practical, easy-to-use guide gives you instant access to such crucial business math concepts as algebra, time value of money, and statistics. In short, lively segments using real-world examples, Professor Peter Garrity of Columbia Business School delivers the facts you need to master everyday business math problems-whether in product development, forecasting budgets, or even starting a business. You'll find brief descriptions of key business math concepts, tips on real-world applications, compact case studies, and technology shortcuts.

Here are all the tools you need to manage even the most intricate business math problems. You'll discover:
* How to master the basic quantitative skills that are part of any business environment, such as future and present value, internal rate of return, and net present value
* Tips for using the latest software and technology tools to solve business math problems
* How to use statistics for decision making, such as descriptive statistical analysis and regression
* And much more

From the creators of the bestselling Portable MBA series comes The Fast Forward MBA . . .
* A quick way to brush up on new ideas
* An easy-to-use format that fits in any briefcase
* Real-world information that you can put to use now! ... Read more

Reviews (2)

Great primer!
Having recently completed my MBA I look back and realize how much of a help this book was to me during my program. The author is able to take complex subject matter and reduce it to simple, unerstandable concepts. The chapter on TVM was especially helpful.

Not a bad primer
As someone who is about to enter the MBA program at UC Berkeley--and one who was an English major as an undergrad--I heeded the advice of my admissions department and acquired a number of books on math and accounting fundamentals. This one was not nearly as dry as many of the others I've plowed through, and I think I've emerged with a pretty solid foundation of math skills after finishing the book.

However, I do have two qualms with this work: 1) There is little by way of practice exercises. An occasional "try this" problem pops up here and there, but the book does not offer a great deal of practice with the material. Instead it moves pretty quickly from one concept to the next, and as one who knew very little about such areas as discount rates and coupons, a few drills to drive this material home would have been very welcome.

2) This book also was not edited very well. Here and there you will find numerical mistakes, e.g., during a lesson it will tell you to enter "10" for the time period on you financial calculator. In such instances, a graphic is provided that shows what you should be keying into your instrument (say, 10 for the time period, 8 for the rate, etc.). However, the graphic does not always jibe with the text; where the text would say "enter 10" the corresponding area of the graphic might say "enter 11". This was very confusing at first because by following the graphic I was not reaching the answer that the text said I should. This happened at least eight times before page 100 and was extraordinarily annoying and really hindered progress for a bit until I realized that I had to double-check all of my data entry when I went by what the graphics said.

Otherwise, this book is worth a read. ... Read more

Book Description

In Australia you can register a business in 2 days, in Haiti, you need 203. In Denmark, you don't pay anything to start a business, while in Cambodia you pay 5 times income per capita. In Tunisia, you can enforce a contract in 7 days, while in Guatemala it takes more than 4 years.Credit information systems contain credit histories on almost every adult in New Zealand, Norway, and the United States, but cover less than 1 percent of the population in China, Nigeria and Pakistan. Resolving bankruptcy takes half a year in Ireland but more than 11 years in India.

These dramatic differences are found in a new, annual publication from the World Bank Group, Doing Business in 2004: Understanding Regulation, which provides readers with both qualitative and quantitative information on the business climate in over 130 countries.

New indicators on the regulatory environment for private sector development plus informative case studies of real-life exerpience make this a comprehensive resource on business environments throughout the world, the factors that influence them, and how conducive they are to private sector development.

Doing Business collects and analyzes data in over 130 countries, including OECD countries. The analysis is based on assessments of each country’s laws and regulations, with input from and verification by local experts who assist entrepreneurs in starting a business, hiring and firing workers, enforcing contracts, getting credit, and closing a business.

Doing Business in 2004 covers the fundamental aspects of a business life cycle from starting a business to bankruptcy and offers answers to these critical questions:

Which is the most expensive country for starting a business?
Which countries have the most rigid regulations on hiring and firing?
Which countries have themost extensive business entry procedures?
Why does heavy regulation lead to inneficiency and corruption?
What countries are most efficient in the area of contract enforcement?
How do clearly-defined property rights enhance prosperity?
What are the most successful regulatory models? Why?

An ambitious effort to study the determinants of private sector development, Doing Business is an invaluable reference for investors, economic advisers and policymakers, as well as scholars and students of international business and development economics. ... Read more

Reviews (1)

Why are poor countries poor?
If you want to know the answer to this question, Doing Business in 2004 is your book.

Various eminent scholars have put forth theories as to why the rich countries get richer and the poor stay poor, including theories about culture, religion, geography, climate, trade openness, political regimes, and even accidents of history. Doing Business puts forth a compelling, and much simpler, story. Poor countries stay poor because their governments intervene excessively in business activity, driving entrepreneurs into informality. Growth is retarded, as is democracy, since many people are left in the fringes of economic and social life.

Lots of statistics on starting a business, hiring and firing workers, getting credit, and the like. Makes you appreciate how easy we have it here! ... Read more

Reviews (3)

True Outlier
This book was, without question, the worst math oriented book I have had the mispleasure of buying or reading. As mention in other reviews, the calculations are often off leading a reader who is reading for the purpose of developing concepts to waste substantial amounts of time. Since time is, among other things, money, this book is way to expensive, even if you were given your copy of it.

Terrible!!!! Don't waste your $$$$
I bought the book in preparation for a collegiate stats class. The content wasn't neither accurate enough, complete enough, or well written enough to be of any benefit.

It is almost impossible for me to put into words how awful this book was. How can you learn statistics when the examples are wrong? You spend hours pondering the equations, only to realize they are errors from the author.

The author should either stick to topics they know, or stop churning these books out so fast that the quality resembles rotten eggs.

This was a rare book that inspired enough anger to write such a disparaging review.

Too many Errors
In preparation for business school I thought I'd brush up on my stats. But this book is making things even more confusing because of all the errors. Graphs are misplaced, calculations are off, and equations are wrong in way too many places. I wonder how this was ever published with so many mistakes. ... Read more

Book Description

Contemporary Mathematics for Business and Consumers is a 21-chapter educational adventure into today?s business world and its associated mathematical procedures.The book is designed to provide solid mathematical preparation and foundation for students going on to business courses and careers. It begins with a business-oriented review of the basic operations, including whole numbers, fractions, and decimals.Once students have mastered these operations, they are introduced to the concept of basic equations and how they are used to solve business problems.From that point, each chapter presents a business math topic that utilizes the student?s knowledge of these basic operations and equations. In keeping with the philosophy of ?practice makes perfect,? the text contains over 2,000 realistic business math exercises--many with multiple steps and answers designed to prepare students to use math to make business decisions and develop critical-thinking and problem-solving skills. Many of the exercises in each chapter are written in a ?you are the manager? format, to enhance student involvement.The exercises cover a full range of difficulty levels, from those designed for beginners to those requiring moderate to challenge-level skills. ... Read more

Reviews (3)

great book, alot of examples
I think this book is great, becareful not to get the instructors edition, I got that edition by mistake then ordered a student editon used, it did not come with the cd like it said it would.

Excellent textbook!
This book was incredibly helpful for a college class in Business Math.Many of the adults in my class had not studied any sort of math in years.This book made the subject easy with great examples succinct and thorough summaries.Recommend it for other teachers in the same area.

Good review of basic business math!
There are several typos in this book, but don't let that get you down.This is an excellant review of business math.It begins with the basics of operations, and then progresses to more complex formulas.It will helpeveryone from business majors to consumers to better manage their money. ... Read more

Book Description

Designed for undergraduate and MBA courses in regression analysis for business and economics, this text requires very little mathematical expertise beyond college algebra. Terry Dielman emphasizes the importance of understanding the assumptions of the regression model, knowing how to validate a selected model for these assumptions, knowing when and how regression might be useful in a business setting, and understanding and interpreting output from statistical packages and spreadsheets. ... Read more

Reviews (1)

The best book ever
This book takes you along the process of learning regression analysis easily. The author takes the time to show you how to solve real problems, the disc that comes with the book allows to even go deeper on the subject of study. The one who buys this book will never sell it, you'll need it all your professional life. ... Read more

Book Description

This introduction to statistics presents balanced coverage of both the theory and application of statistics and at the same time helps learners develop and enhance their critical thinking skills. It teaches readers how to analyze data that appear in situations in the world around them and features an abundance of examples and exercises—nearly all based on current, real-world applications pulled from journals, magazines, news articles, and commerce.Chapter topics cover statistics, data, and statistical thinking; methods for describing sets of data; probability; discrete random variables; continuous random variables; sampling distributions; inferences based on a single sample: estimation with confidence intervals; inferences based on a single sample: tests of hypotheses; inferences based on two samples: confidence intervals and tests of hypotheses; analysis of variance: comparing more than two means; simple linear regression; multiple regression and model building; categorical data analysis; and nonparametric statistics.For individuals who want to learn the fundamentals of statistics. ... Read more

Reviews (4)

Wonderful Introductory Text
Often using real-life examples taken from the media, McClave presents materials in an orderly fashion. Sub-sections are small (usually 5-6 pages) and problem sets are very nicely divided into Mechanics, Basic, and Advanced problems. My only dislike was chapter 3 counting rules, which seemed to be added without proper foundation. As both a student and now a tutor of this text, I find McClave's level of explanation sufficent for an introductory text.

Is there a solution manual for this book????
First of all I am not a statistics major and although I find statistics to be a very interesting but challenging subject I am afraid to say that so far I have not been very successful .... I need extra help and I have not yet found the solution manual for this textbook and I am amazed at the fact that there isn't one ? Can anyone help me...

Thanx

Norma_Zuniga@yahoo.com

Probablity and counting methods sections weak as usual,
Having taken an introductory college course that used this book up through most of chapter 9 (infrences based on two-samples using confidence intervals and hyopthesis tesing), I must say as usually happens in intro stat textbooks, the probablity chapter (3) is the weakest area, it needs more worded explinations on counting rules to clarify seemingly ambiguous situations. I've also heard professors complain that some of the examples used are over simplified and ignore obvious possiblities in the interpertations of results that add new dimentions to the problem. Not to mention the whole things needs a few more passes by some competent editors, as there's quite a few painfully obvious mistakes and misprints. Other than that, it's understandable enough, the applications problems are welcome, if occasionally flawed. For a more intensive introduction to general statistics, I suggest you seek a textbook that wasn't aimed at the widest possible market. (try the texts that say something like: statistics for engineers)

Excellent text for Advanced Placement statistics course
I was a member of the text selection committee that chose this book for our school division's advanced placement statistics course. It was a wise decision. The text is filled with contemporary examples that grab a student's attention. It is particularly good at using technology both in the exercises and in the discussion. My students were very comfortable with the reading level, and DID READ the text! I especially liked the project suggestions at the end of each chapter. The text's one weakness is the discussion and placement of the linear regression material. I needed a simpler approach and to do it much earlier in the course (after chapter 2). I had to supplement with material from other sources. However, this is a rather minor complaint compared to the text's many other strengths. ... Read more

Book Description

Positive organizational change does not have to be planned or managed top down in a linear, urgent manner. Rather, it can be "unleashed" or discovered by helping people within organizations to identify their own best experiences in the past, and then use them to imagine, design, and bring into being the organization they want. The method is called "Appreciative Inquiry." The volume editors and their panel of experts examine how AI works in practice, and how its many (and often surprising) benefits can be realized in just about any organization. The result is a major explication and source book for leaders, change managers, and HR/OD specialists. ... Read more

Book Description

Statistics of Financial Markets presents in a vivid yet concise style the necessary statistical and mathematical background for Financial Engineers and introduces to the main ideas in mathematical finance and financial statistics. Topics covered are, among others, option valuation, financial time series analysis, value-at-risk, copulas, and statistics of the extremes.

The underlying structure of the book, i.e. basic tools in mathematical finance, financial time series analysis and applications to given problems of financial markets, allows the book to be used as a basis for lectures, seminars and even crash courses on the topic.

A full set of transparencies can be downloaded using the registration card at the back of the book. The registration card also allows the use of the e-book version with links to world wide computing servers.

Book Description

Risk or uncertainty assessments are used as aids to decision making in nearly every aspect of business, education, and government. As a follow-up to the author's bestselling Risk Assessment and Decision Making in Business and Industry: A Practical Guide, Risk Modeling for Determining Value and Decision Making presents comprehensive examples of risk/uncertainty analyses from a broad range of applications. Decision/option selection ManufacturingEnvironmental assessmentPricingIdentification of business drivers Production sharingInsurance Scheduling and optimizationInvesting SecurityLawEmphasizing value as the focus of risk assessment, this book offers discussions on how to make decisions using each risk model and what insights the model can provide. The presentation of each model also includes computer code that encapsulates its logic and direction on how to apply the model to other types of problems.The author devotes a chapter to techniques for consistently collecting data in an inconsistent world and offers another chapter on how to reflect the effect of "soft" issues in the value of an opportunity. The book's final chapters delineate the techniques and technologies used to perform risk/uncertainty analyses, including sections on distribution, Monte Carlo process, dependence, sensitivity analysis, time series analysis, and chance of failure.Visit RiskSupport.com for more information! ... Read more

Book Description

This quirky, fast-paced excursion through the world of statistics brings basic statistical concepts down to earth for general readersby showing how statistics are applied in our everyday lives. Drawing on such diverse examples as how pills are manufactured, elections are forecast, and chess tournaments are structured, psychologist Joseph Tal familiarizes readers with variables, means, medians, scales of measurement, sampling, estimating, and other stock-in-trade tools of the statistician. An unusually lively, informal review of statistical concepts Reading Between the Numbers:
• Features dozens of fascinating, often whimsical examples drawn from real life and literature, and 100 vivid graphs and tables
• Makes statistics fun and easy for general readers interested in numbers
• Is the ideal quick-study guide for those who need to learn statistical methods for their jobs
• Focuses on the psychology behind statistics, rather than problem-solving • Is based on the author’s popular professional workshops and seminars ... Read more

Reviews (1)

A New Angle on an Old Topic
As a professional chemist, I do not look back on the statistics courses I took with particular fondness. While I didn't find them very difficult, neither did I feel that provided me with any deep insights. It was with this, lukewarm attitude that I first picked up Reading Between the Numbers. And then I noticed Chandler's quotation in one of its early chapters. Statistics and Chandler?! This must be interesting. I purchased the book and wasn't disappointed. I found the statistical concepts explained in a way that is both simple and insightful. And the book reminded me that I should have reviewed the topic, which is so important for my work, long ago. But I found the book unique in other ways as well. First, the book is relevant - there is not one concept in it that is not in some way connected to the real world. The author takes special care to show how and why statistics is important in both our professional and everyday lives. The concepts in Reading Between the Numbers are related to applications and vice versa, so that I can now see both sides in a new and more interesting light. Above all, I now feel that the ideas underlying statistics are more accessible to me than before. Second, as in many fields, the more advanced topics are based on earlier ones. And throughout, that author provides reminders of the basics so that I didn't find myself having to return to earlier chapters in order to understand later ones. It seems to me that author was simply sensitive to the needs of nonprofessional readers, which is a rarity in professional books. Finally, Reading Between the Numbers a joy to read. It is written as fiction rather than science and is often very funny. That the author has a rather quirky sense of humor is clear. That he has succeeded in combining it with statistics seems to me no small achievement. ... Read more

Book Description

This will enable everyone to use technical analysis. ... Read more

Reviews (5)

Beginner's book
This is a kindergarten TA book; that is, if one is just entering personal investing, it gives the basics, but for experienced TA investors it's not worth the price.

Yet Another book on Technical Analysis
I'll keep this review short.This book is a pretty good introduction to classical techinical analysis (i.e,charting).If you believe in charting (or TA for that matter) as a forecasting tool then this book will be a good enough introduction for the novice.The book is very scant on the technical indicator side of TA and I disagree strongly with the remark made by the reviewer from New York,USA who states that "no real TA trader" uses indicators in trading decisions - from working on various trading desks in several of the largest investment banks in the world and from meeting scores of other traders - this guy is talking baloney.Some of the most profitable trading systems I've seen (ROI never less than triple digit percentages) are purely based on a mixture of advanced technical indicators and proprietary algorithms: there is no classical charting involved whatsoever.People who shun technical indicators are usually those who can just about cope with high school level maths.Moreover anyone who profits from classical TA,i.e, charting - and this is going to seem contentious - is I'm afraid guessing more times correctly than he is incorrectly.In fact there are circles in the professional trading community who genuinely believe that all classical TA is doomed for failure especially with todays fast electronic information systems.The only type of so-called "charting" that can be shown to work is that based on chaos theory ... So, for a novice - go read it as there's no harm done but don't expect to make consistent money using the ideas contained within or even with more 'advanced' classical TA books.

The best introduction to technical analysis there is.
I was recommended to read this book during my induction period at a major investment bank. I studied Law at University so I had no idea what Technical Analysis was, until I read this astoundingly simple yet powerful book. Resistance & Support Levels are explained in a way that you will never forget the rationale for them after having read his chapter. This book has saved me from major embarassment in the markets!

Well written, informative, and reader friendly.
In this book Michael Kahn clearly explains the practical aspects of technical analysis. I was very impressed by the author's strong financial background, and by his ability to explain technical information in a straightforward understandable way. I found myself looking back at previous successful and unsuccessful trades that I have made, and understanding the reasons behind the outcome. This book taught me principles that I can apply in the market immediately. I highly recommend it.

A great primer.
I have most of the popular TA books, but I saw this at a local store and bought it for a friend -- she doesn't have it yet. It's well written (as one would expect from a Brit.) and has more breadth than depth, as a primer should. You'll need other books of course, but this is the best introduction that I have encountered. One of its greatest virtues is that it does not dwell on technical indicators -- no real TA trader does. (Note that this is the exact opposite of "TA from A-Z", a book that's a terrible introductry text.)

Some of the topics covered are:

Charts, Trends, Patterns

Risk/Reward Setups

Intermarket Analysis

Candlesticks

Technical Indicators

Example Trades: Entries/Exits ... Read more

Book Description

Recent years have seen a number of introductory texts which focus on the applications of modern stochastic calculus to the theory of finance, and on the pricing models for derivative securities in particular. Some of these books develop the mathematics very quickly, making substantial demands on the readerOs background in advanced probability theory. Others emphasize the financial applications and do not attempt a rigorous coverage of the continuous-time calculus. This book provides a rigorous introduction for those who do not have a good background in stochastic calculus. The emphasis is on keeping the discussion self-contained rather than giving the most general results possible. ... Read more

Reviews (2)

Excellent - Good Mathematical Level
Does an excellent job of presenting the mathematics WITH RIGOR. The mathematics is more mature than Bingham & Kiesel, but the book is more accessible and far more readable than the similar texts by Karatzas & Shreve and Musiela & Rutkowski.

A Good book for Martingale approach
This book discusses the financial mathematics fromthe view of martingale approaches. It is good forsomeone who want to price derivatives by martingale approach. Unfortunately, this book lacks talking about exoticoptions like average options,lookback options and passport options. ... Read more

Book Description

Over 1,450 exercises based on real-life situations are included in this text to help students learn and master business statistics concepts.The exercise sets following text sections are divided into three types: conceptual, skill, and application.Helpful symbols identify the area of business where the exercises are applied.Tips on problem solving appear throughout to assist students with difficult topics and techniques.Examples of computer printouts using popular statistical computing software such as EXECUSTAT, MINITAB? and SAS® show students the power and time-saving capabilities of the computer in solving statistical problems. ... Read more

Reviews (1)

Accounting review
I used this book in statistics classes while working on a BS in accounting.This is a very good textbook. My instructors also compiled their own notes for the students which complemented the book perfectly. Many real-life and thought provoking examples in this book. ... Read more

Book Description

The new edition of Business Statistics in Practice delivers clear and understandable explanations of business statistics concepts through the use of continuing case studies and examples. These cases and examples show real applications of statistics relevant to today's business students. The authors motivate students by showing persuasively how the use of statistical techniques in support of business decision-making helps to improve business processes. A variety of computer-based examples and exercises, unparalleled internet coverage, and a robust, technology-based ancillary package are designed to help students master their subject. Acknowledging the importance of spreadsheets and statistical softwawre in their statistical instruction, the authors continue to integrate Excel and Minitab output throughout the text.In addition, a new enhanced version of MegaStat, an Excel add-in program designed to optimize Excel for statistical application, is available free on the student CD.For students and instructors who want to explore statistical concepts from a graphical perspective, Visual Statistics is again available on the student CD.Icons in the text margins identify areas that are further explored and enhanced through the use of Visual Statistics. ... Read more