Business Statistics by Example (5th Edition) Part A and Part B Review

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(More customer reviews)I've used this textbook in the Athabasca University MBA program. The "Quantitative Analysis" course is an introductory course in statistics, with a focus on business applications. This text is perfect, as the examples used are directly relevant to businesspeople. There are also many questions and exercises, with the answers provided in the back of the book for all the odd-numbered questions. This allows students to practice and check their answers, while still allowing the professor to assign even-numbered questions as practice work to be checked by her later. The text starts with basic statistics, moves into probability, and continues all the way into multiple regression and non-parametric statistics. Real data sets are used liberally, and there are tutorials for SAS, SPSS, Minitab and ASP. Each section clearly defines critical terms offset from the body of the text, and the over 1000 exercises use data from real-world examples. Each chapter has exercises divided into "Learning the Mechanics" (straightforward applications of new concepts) and "Applying the Concepts" (applications of concepts to the solution of real-world problems). If you're a business student having difficulty with statistics, I'd recommend this book as an excellent primary or companion text.

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Gathering and interpreting statistics to diagnoseproblems and evaluate results in the business environment is animportant skill that is more easily learned in the context of realapplications, cases, and projects. This thorough introduction tobusiness statistics introduces every topic with real examples and datasets from today's business world, and features menu-driven,user-friendly ASP statistical software that performs all necessarystatistical computations, allowing readers to concentrate oninterpretations. An abundance of practice exercises focuses on bothmechanics applications. Comprehensive coveragesurveys the full range of statistical topics and provides athorough exploration of statistical computing -- with computerprintouts for SAS, MINITAB, and SPSS, integrated throughout, andoptional computer applications for each chapter -- with SAS, MINITAB,and SPSS commands. Real data sets include appraisals and sale pricesfor residential property sales; Business Week's executivecompensation scoreboard, 1994; characteristics of HMO physicians in amanaged-care system; Federal Trade Commission rankings of 372cigarette brands. In addition to the new accompanying software, theFifth Edition provides updated case studies, examples, andexercises based on studies reported in recent magazine, journal andnews articles. For business personnel who want acomprehensive, applied introduction to business statistics.

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