Business Statistics: A Decision-Making Approach with Student CD

by Groebner, David F.; Shannon, Patrick W.; Fry, Phillip C.; Smith, Kent D.

• ISBN13: 9780131796331
• ISBN10: 013179633X
• Edition: 6th
• Format: Hardcover w/CD
• Copyright: 2005-01-01
• Publisher: Prentice Hall

Summary

For the 1 or 2 semester course in Business Statistics. This comprehensive, 17 chapter hardcover text builds student confidence by incorporating a step-by-step system for examples, exercises, and special review sections. This step-by-step framework allows students to learn by example, practice with extensive exercises that step-up in level of difficulty, and solidify their understanding of the concepts with special review sections as they prepare for their exams. It presents descriptive and inferential statistics with a rich assortment of business examples and real data with an emphasis on decision-making. There is emphasis on using statistical software as a tool, (featuring Excel and Minitab) with many examples presented in a software environment. A briefer version is also available called a Course in Business Statistics 4e.

Table of Contents

The Where, Why, and How of Data Collection

What Is Business Statistics? Tools and Techniques for Collecting Data

Samples and Sampling Techniques

Types and Data Measurement Levels

Your Computer

Graphs, Charts, and Tables Describing Your Data

Frequency Distributions and Histograms

Frequency Distributions

Charts and Pie Charts

Charts and Scatter Diagrams

AJ's Fitness Center

Westbrook Graphic Arts

Describing Data Using Numerical Measures

Measures of Central Tendency of Variation the Mean and Standard Deviation Together

Wilson Corporation

Holcome Financial Planners

AJ's Fitness Center

Using Probability and Discrete Probability Distributions

The Basics of Probability

Rules of Probability

Probability Distributions

Binomial Probability Distribution

Poisson Probability Distribution

Great Air Commuter Service

Rutledg Collections

Let's Make a Deal

Belko Equipment Company

Continuous Probability Distributions

The Normal Probability Distribution

Continuous Probability Distributions

East Mercy

Introduction to Sampling Distributions

Sampling Error What It Is and Why It Happens

Basics of Sampling Distributions

Distribution of a Proportion

Carpita Bottling Company

Truck Safety Inspection

Houston Nut and Candy Company

High Country

Estimating Population Values

Point and Confidence Interval Estimates the Appropriate Sample Size a Population Proportion

Duro Industries, Inc

Management Solutions, Inc

Introduction to Hypothesis Testing

Hypotheses Tests for Means

II Errors

Tests for Proportions

Tests for the Variances

Campbell Brewery, Inc., Part 1

Hypothesis Testing and Estimation For Two Population Parameters

Hypothesis Tests for Two Population Variances

Tests and Estimation for Two Population Means and Hypothesis Tests for Two Population Proportions

Green Valley Assembly Company

U-Need-It Rental Agency

Wilson Bearing Company

Analysis of Variance

One-Way Analysis of Variance

Complete Block Analysis of Variance

Factor Analysis with Replication

Consumer Information Association

West Coast Bell System

Introduction to Linear Regression and Correlation Analysis

Correlation

Linear Regression Analysis for Regression Analysis

Alamar Industries

Continental Trucking

Multiple Regression Analysis and Model Building

Introduction to Multiple Regression Analysis

Qualitative Independent Variables

With Nonlinear Relationships

Regression the Aptness of the Model

Dynamic Scales, Inc

Introduction to Quality and Statistical Process Control

Quality Management and Tools for Process Improvement to Statistical Process Control Charts

Izbar Precision Casters, Inc

Goodness-of-Fit Tests and Contingency Analysis

Introduction to Goodness-of-Fit Tests to Contingency Analysis

American Oil Company

Bentford Electronics, Part 1

Introduction to Nonparametric Statistics

Testing for Randomness Using the Runs Test

Tests for Two Population Centers

-Wallis One-Way Analysis of Variance

Bentford Electronics, Part 2

Analyzing and Forecasting Time-Series Data

Introduction to Forecasting and Time-Series Analysis

-Based Forecasting Techniques

Using Smoothing Methods

Park Falls Chamber of Commerce

The St Companies

Wagner Machine Works

Introduction to Decision Analysis

Decision Making Environments

Criteria of Uncertainty

Tree Analysis

Preference Attitudes and Functions

Rockstone International

Hadden Materials and Supplies, Inc., Part

Hadden Materials and Supplies, Inc., Part 2

Answers to Select Problems

Appendixes

Random Numbers Table

Binomial Distribution Table

Poisson Probability Distribution Table

Standard Normal Distribution Table

Exponential Distribution Table

Values of for Selected Probabilities

Values of X for Selected Probabilities

F-Distribution Table

Critical Values of Hartley's Fmax Test

Distribution of the Studentized Range

Critical Values of in the Runs Table

Mann-Whitney U Test Probabilities

Mann-Whitney U Test Critical Values

Critical Values of T in the Wilcoxon Matched-Pairs Signed-Ranks Test

Glossary

Index

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