Professors Norean Sharpe (Babson College), Dick De Veaux (Williams College), and Paul Velleman (Cornell University) have teamed up to provide an innovative new textbook for business statistics. These authors have taught at the finest business schools, and draw on their consulting experience at leading companies to show readers how statistical thinking is vital to modern decision making.  Managers make better business decisions when they understand statistics, and Business Statistics gives readers the statistical tools and understanding to take them from the classroom to the boardroom. Hundreds of examples are based on current events and timely business topics. Short, accessible chapters allow for flexible coverage of important topics, while the conversational writing style maintains interest and comprehension.

 

EXPLORING AND COLLECTING DATA: Statistics and Variation; Data; Surveys and Sampling; Displaying and Describing Categorical Data; Randomness and Probability; Displaying and Describing Quantitative Data; UNDERSTANDING DATA AND DISTRIBUTIONS: Scatterplots, Association, and Correlation; Linear Regression; Sampling Distributions and the Normal Model; Confidence Intervals for Proportions; Testing Hypotheses about Proportions; Confidence Intervals and Hypothesis Tests for Means; Comparing Two Means; Paired Samples and Blocks; Inference for Counts: Chi-Square Tests; EXPLORING RELATIONSHIPS AMONG VARIABLES: Inference for Regression; Understanding Residuals; Multiple Regression; Building Multiple Regression Models; Time Series Analysis; BUILDING MODELS FOR DECISION MAKING: Probability Models; Decision Making and Risk; Design and Analysis of Experiments and Observational Studies; Introduction to Data Mining

 

For all readers interested in business statistics....

Professors Norean Sharpe (Babson College), Dick De Veaux (Williams College), and Paul Velleman (Cornell University) have teamed up to provide an innovative new textbook for the undergraduate introductory business statistics course. These authors have taught at the finest business schools and draw on their consulting experience at leading companies to show students how statistical thinking is vital to modern decision making. Managers make better business decisions when they understand statistics, and Business Statistics gives students the statistical tools and understanding to take them from the classroom to the boardroom. Hundreds of examples are based on current events and timely business topics. Short, accessible chapters allow for flexible coverage of important topics, while the conversational writing style maintains student interest and improves understanding. Business Statistics includes Guided Examples that feature the authors' signature Plan/Do/Report problem-solving method. Each worked example shows students how to clearly define the business decision to be made and plan which method to use, do the calculations and make the graphical displays, and finally report their findings, often in the form of a business memo. Every chapter reminds students of What Can Go Wrong and teaches them how to avoid making common statistical mistakes. Volume II contains chapters 16--24 of the main text....