Essentials of Statistics for Business and Economics 6th Edition, by David R. Anderson, Dennis J. Sweeney and Thomas A. Williams emphasizes essential statistical ideas and their sensible business applications. The dialogue and growth of each technique are geared toward real-world purposes, with the statistical results offering insights for decisions and options related to frequent business problems.
The easy-to-comply with presentation model and confirmed drawback-state of affairs approach clearly present how to apply statistical methods in sensible business situations. This brief introduction to business statistics supplies both a conceptual understanding of statistics and real-world purposes of statistical methodology.
Optional updated chapter appendices highlight Excel® 2007 and Minitab® 15 common business software program, supplying you with the choice of integrating or omitting computer coverage in your course. This edition's concise method and comprehensive assist package, now including CengageNOW course management system, gives all the pieces you want for an efficient statistics course that prepares students for the essentials of statistics success in business right this moment.
A unique problem-scenario approach helps students understand statistical concepts through discussion and development of each technique in an application setting, and then apply the techniques within exercises designed to generate a solution or recommendation and illustrate the value of statistics in making decisions and solving problems in real business environments.
Methods, Application, and Self-Test Exercises allow students to use formulas, make computations, apply chapter material to address real-world problems, and evaluate their understanding of key concepts by checking solutions to selected exercises in a special appendix.
Exceptional exercises and examples throughout the text include abundant, real-world data from sources such as The Wall Street Journal, USA Today, and Barron's to help student's master statistical methodology and apply real data to solve common business problems, while extensive margin notes and comments highlight key points for simple, time-effective student review.
A Cumulative Standard Normal Distribution Table makes it easy to prepare your students to use computer software in statistics by introducing normal distribution probabilities and helping first-time users to calculate normal probability and p-values for hypothesis testing.
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