Business Statistics in Practice

This book delivers clear and understandable explanations of business statistics concepts by the use of case studies and examples, which reflect real applications of statistics relevant to business students. Rich and realistic case study examples provide the architecture of the text, and rather than use discrete examples for each individual subject area, the book relies on these continuing examples to "frame" the study of statistics and place it squarely into the realm of real business problems and scenarios. Supplementing this approach are the rich and relevant data sets used to demonstrate statistical concepts. The authors also give a fresh technology perspective. Excel and Minitab output is included to help students visualize concepts, and a robust Excel add-in package, Megastat is available on the accompanying CD ROM and has also been thoroughly integrated into the text. - In response to market demand, the new edition will include more coverage of descriptive statistics, better laying the groundwork for much harder topics. - The already superior treatment of hypothesis testing has been revised for greater clarity and comprehension.
- The regression chapters have been revised to include and rely upon more graphics to enhance and explain the discussion of these challenging topics.