Fundamentals of Business Statistics

An introductory stats textbook that emphasizes statistical concepts and applications. It shows how to apply statistical methods in practical business situations. It shows how stats contribute to improving the quality of products and services. It also includes instruction for data analysis based on Microsoft Excel and MINITAB.

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"Fundamental of Business Statistics" is an introductory stats textbook that emphasizes statistical concepts and applications. The discussion and development of each technique is presented in an application setting, with the statistical results providing insights to decisions and solutions to problems. The easy-to-follow presentation style and problem-scenario approach clearly show how to apply statistical methods in practical business situations. This brief introduction to business statistics balances a conceptual understanding of statistics with the real-world application of statistical methodology. The essentials version features selected core topics from the authors' market-leading "Statistics for Business and Economics, Ninth Edition" presented in 13 chapters.It includes the highly-regarded strengths of the longer text, including the problem-scenario approach that uses real-world examples to introduce stat techniques. Methods, applications, and self-test exercises include hundreds of problems based on real data. Examples and exercises throughout focus on ways that stats contribute to improving the quality of products and services.
This text can also be computer integrated at the discretion of the instructor. Instruction for data analysis based on Microsoft Excel and MINITAB is included in appendices of appropriate chapters. Case problems are also provided with the text, with data sets available on disk for both MINITAB 14 and Excelformats.