Discover how statistical methods and tools are vital for today's managers as you learn how to apply these tools to real business problems. STATISTICS FOR MANAGEMENT AND ECONOMICS, 11E emphasizes applications over calculation using a proven three-step "ICI" approach to problem solving. You learn how to IDENTIFY the correct statistical technique by focusing on the problem objective and data type; how to COMPUTE the statistics by hand or using Excel or XLSTAT; and how to INTERPRET results in the context of the problem. Extensive data-driven examples, exercises, and cases address the functional areas of business and demonstrate how marketing managers, financial analysts, accountants, and economists rely on statistical applications. Engaging cases focus on climate change and the relationship between payroll and wins in professional sports, while dozens of exercises feature the returns on 40 stocks, which are used to develop the market model and portfolio diversification.
the textbook was exactly how it was described and the textbook was shipped very quickly. Great seller!
very logical and helpful textbook
Published by Thriftbooks.com User , 17 years ago
I learn a lot from this book. The examples and illustration helped me easily understand the concepts.
A very good introduction to statistics
Published by Thriftbooks.com User , 21 years ago
I found the book remarkably clear and instructive. It was the textbook for an MBA statistics course. Fortunately the book was much better than the teacher, so that by primarily ignoring the confused musings of the professor, and reading and working the exercises in the book, I was able to get an A in the class, and, more importantly, understand statistical principles and applications. I worked with the 6th edition. I now use the book as a reference for my work activities as well.
My Bible
Published by Thriftbooks.com User , 21 years ago
This book became my statistics bible. After never attending any statistics classes at the University, I was suddenly forced to work with multiple regressions at work. This book helped me understand all about statistics that I needed for my business purposes. The examples are very helpfull to understand what the tests actually do and how you can solve your own inference problems. I read the whole book in about 10 days (2 hours a day) at the beach and now work mainly with the overviews in the last chapters when I have a problem to solve at work.
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