statistics of Business and Economics (with Bind-in card)
The purpose of STATISTICS FOR BUSINESS AND ECONOMICS is to give students, primarily
those in the fields of business administration and economics, a conceptual introduction
to the field of statistics and its many applications. The text is applications oriented and
written with the needs of the nonmathematician in mind; the mathematical prerequisite is
knowledge of algebra.
Applications of data analysis and statistical methodology are an integral part of the organization
and presentation of the text material. The discussion and development of each technique
is presented in an application setting, with the statistical results providing insights to
decisions and solutions to problems.
Although the book is applications oriented, we have taken care to provide sound methodological
development and to use notation that is generally accepted for the topic being covered.
Hence, students will find that this text provides good preparation for the study of more advanced
statistical material. A bibliography to guide further study is included as an appendix.
The text introduces the student to the software packages of Minitab 15 and Microsoft®
Office Excel 2007 and emphasizes the role of computer software in the application of
statistical analysis. Minitab is illustrated as it is one of the leading statistical software packages
for both education and statistical practice. Excel is not a statistical software package,
but the wide availability and use of Excel make it important for students to understand the
statistical capabilities of this package. Minitab and Excel procedures are provided in
appendixes so that instructors have the flexibility of using as m