Basic Business Statistics: Concepts and Applications has a long history of using diverse business applications to introduce students to core statistical concepts. This edition is focused on making the material accessible and relevant to students through some of the following features:
- “Using Statistics” business scenarios open each chapter with an example related to a different functional area of business.
- The text now includes many more examples from everyday life such as online shopping (Chapter 2), the amount of time it takes to get ready in the morning (Chapter 3), and waiting time at a fast food restaurant (Chapter 9).
- Key formulas are included at the end of each chapter (and in a new supplement).
- Data output from Excel and Minitab 14 are featured within chapters, emphasizing data analysis and interpretation.
Every new copy of this textbook is also packaged with valuable course software. The Student CD-ROM accompanying the book includes:
- PHStat 2-A program containing powerful macros that
enhances the capabilities of Excell, allowing the student to
perform more statistical analyses.
- CD-ROM supplement topics for further study.
- Data files for Minitab, Excel, SPSS, and Visual Explorations.
1. Introduction and Data Collection
2. Presenting Data in Tables and Charts
3. Numerical Descriptive Measures
4. Basic Probability
5. Some Important Discrete Probability Distributions
6. The Normal Distribution and Other Continuous Distributions
7. Sampling Distributions and Sampling
8. Confidence Interval Estimation
9. Fundamentals of Hypothesis Testing: One-Sample Tests
10. Two-Sample Tests
Etc.