This Book Has Been Written In Such A Way That The Study Of Statistics Is Made Interesting And It Has Been Oriented Towards Application Of Statistical Techniques To A Variety Of Real Life Problems. Most Of The Existing Books Discuss Application Of Statistical Techniques To Problems Such As Height And Weight, Ages Of Husband And Wife, Etc. There Is Hardly Any Book Which Is Contextually Relevant For Teaching Statistics At The Undergraduate Level. An Attempt Has Been Made In This Book To Bridge This Gap.Authors Have Introduced Varied Real Life Examples By Including A Large Number Of Solved Examples To Illustrate How Statistical Techniques Can Actually Be Applied To A Wide Variety Of Real Life Pr...
(back cover) Barron's "Business Review Books "make excellent supplements to college textbooks--or even serve as fine main texts in adult education courses or business brush-up programs. You'll find key business terms defined, important concepts reviewed, and pertinent examples of business transactions summarized. Topics covered in this title include probability and hypothesis testing, random variables, polls and sampling, multiple linear regression, analyzing business data, decision theory, and more.
Black's latest outstanding pedagogy of Business Statistics includes the use of extra problems called "Demonstration Problems" to provide additional insight and explanation to working problems, and presents concepts, topics, formulas, and application in a manner that is palatable to a vast audience and minimizes the use of "scary" formulas. Every chapter opens up with a vignette called a "Decision Dilemma" about real companies, data, and business issues. Solutions to these dilemmas are presented as a feature called "Decision Dilemma Solved." In this edition all cases and "Decision Dilemmas" are updated and revised and 1/3 have been replaced for currency. There is also a significant number of additional problems and an extremely competitive collection of databases (containing real data) on: international stock markets, consumer food, international labor, financial, energy, agribusiness, 12-year gasoline, manufacturing, and hospital.
Empowering management students with statistical decision-making skills, this text instructs on how to become active participants where statistical findings are reported. Descriptions are provided of the vast role that statistics play in fields such as marketing, finance, human resources, production, and logistics. Rather than being a passive observer, this guide educates the meaning behind the numbers that allow those in business situations to be informed members of the decision-making process.
The second edition of Business Statistics, continues to retain the clear, crisp pedagogy of the first edition. It now adds new features and an even stronger emphasis on practical, applied statistics that will enhance the text's ability in developing decision-making ability of the reader. In this edition, efforts have been made to assist readers in converting data into useful information that can be used by decision-makers in making more thoughtful, information-based decisions.
'Business Statistics' teaches students how statistics are used in each functional area of business. The sixth edition has been updated to reflect the latest data and information, and now includes a new problem-solving framework to help guide students through the material.