This fifth edition of Business Statistics retains the rich pedagogy and style of the earlier editions with new features devised to hone the readers’ decision making ability through practical and applied statistics. The book presents numerous case studies, examples and exercises that outline the methods of converting data into useful information.
Salient Features
Examples and problems are framed using current data from organizations
Mini-Cases provided at the end of select chapters to reinforce the applications of key topics
Think About This essays conceived to expound on the application of statistical knowledge
Using Statistics Revisited at the end of each chapter to augment the topics discussed in the chapter
Expanded appendices illustrate the statistical analysis using Microsoft Excel, Minitab, PHStat2 and SPSS (Included in the CD-ROM).
Table of Contents
1. Introduction and Data Collection
2. Presenting Data in Tables and Charts
3. Numerical Descriptive Measures
4. Basic Probability
5. Discrete Probability Distributions
6. The Normal Distribution
7. Sampling and Sampling Distributions
8. Confidence Interval Estimation
9. Fundamentals of Hypothesis Testing: One-Sample Tests
10. Two-Sample Tests and One-Way Anova
11. Chi-Square Tests
12. Simple Linear Regression
13. Multiple Regression
14. Statistical Applications in Quality Management
15. Decision Analysis
16. Forecasting
