Business Statistics: For Contemporary Decision Making, 7th Edition

by Ken Black (Univ. of Houston, Clear Lake, TX)

• ISBN13: 9780470931462
• ISBN10: 0470931469
• Edition: 7th
• Format: Hardcover
• Copyright: 2011-10-01
• Publisher: Wiley

Summary

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. 

Table of Contents

UNIT I INTRODUCTION

1. Introduction to Statistics 02

2. Charts and Graphs 18

3. Descriptive Statistics 52

4. Probability 98

UNIT II DISTRIBUTIONS AND SAMPLING

5. Discrete Distributions 142

6. Continuous Distributions 184

7. Sampling and Sampling Distributions 222

UNIT III MAKING INFERENCES ABOUT POPULATION PARAMETERS

8. Statistical Inference: Estimation for Single Populations 256

9. Statistical Inference: Hypothesis Testing for Single Populations 294

10. Statistical Inferences about Two Populations 348

11. Analysis of Variance and Design of Experiments 408

UNIT IV REGRESSION ANALYSIS AND FORECASTING

12. Simple Regression Analysis and Correlation 470

13. Multiple Regression Analysis 522

14. Building Multiple Regression Models 552

15. Time-Series Forecasting and Index Numbers 602

UNIT V NONPARAMETRIC STATISTICS AND QUALITY

16. Analysis of Categorical Data 658

17. Nonparametric Statistics 684

18. Statistical Quality Control 734

APPENDICES

A. Tables 779

B. Answers to Selected Odd-Numbered Quantitative Problems 819

GLOSSARY 829

INDEX 839

The following materials are available at www.wiley.com/college/black

19. Decision Analysis C19-2

Supplement 1. Summation Notation S1-1

Supplement 2. Derivation of Simple Regression Formulas for Slope and y Intercept S2-1

Supplement 3. Advanced Exponential Smoothing S3-1