Description
Book SynopsisPreface Statistics is seldom the most eagerly anticipated course of a business student. Our goal in writing this casebook and the companion volume (Business Analysis Using Regression) was to change that impression by showing how statistics yields insights and answers interesting business questions.
Trade Review"The manuscripts are divided into "classes" which tackle various statistical concepts. Material becomes increasingly complex as the data in later sections exhibit multiple deviations from ideal conditions. The casebooks use a combination of explanatory text and software output to guide the student. Almost no mathematics appears in these volumes; the authors make traditional texts available to their students who are curious about the technical details...I anticipate students will wholeheartedly endorse the FSW casebooks. The material is easy to digest as, for instance, the authors cleverly interweave probability, the standard error of the mean, and control charts. The casebooks effectively relay the message that statistics is relevant and doable. Ideally, that is the message that should be sent in all introductory business statistics courses." Marlene Smith, University of Colorado-Denver
Table of ContentsOverview and Foundations * Statistical Summaries of Data * Sources of Variation * Standard Error * Confidence Intervals * Sampling * Making Decisions * Designing Tests for Better Comparisons * Confounding Effects in Tests: A Case Study * Covariance, Correlation, and Portfolios * A Preview of Regression
