Complete Business Statistics
APPLIED …YET RIGOROUS AND MATHEMATICALLY CORRECT
An effective business statistics textbook helps students
understand how to think statistically while providing a statistical
tool kit that they can use for ultimately solving the applications,
and making the business decisions, that they will subsequently
encounter in their careers. In order to provide a focus on
business applications, many books “cut corners” on
mathematical rigor and correctness. Complete Business Statistics does
not make this trade-off; instead, it provides a strong focus
on business applications while always maintaining a rigorous,
mathematically correct presentation and explanation.
TWO TYPES OF EXTRAORDINARY PROBLEMS
Providing a large number of high quality, interesting and engaging practice
problems is at the heart of any quantitatively-oriented textbook. For that reason,
having an extraordinary range of practical and challenging problems related to
all functional areas and types of businesses, using real companies both US-based
and international, continues to be a hallmark of Complete Business Statistics.
As with previous editions a diverse set of computational problems
is included. However, we have also added to this new edition
a wide array of new, interpretive problems, using summary data,
to teach not only how to do statistics but how to think statistically.
They are designed to teach students when and how statistics
can be applied in the business environment and how to interpret
and act upon the statistical results, whether calculated by
them or by someone else.
CLEAR AND CONCISE PRESENTATION
Clarity is found in the quality of the explanation rather than the quantity of
words used. Thus, in Complete Business Statistics, the goal has always
been to be both as clear and as concise as possible.
OPTIONAL EXCEL TEMPLATES
Available separately for adopters of Complete Business Statistics is
a collection of Excel templates that allow for easy computation.
Designed to free students from the task of developing formulas,
it allows them to concentrate on the concepts behind the numbers
rather than the mechanics of the calculating tool used. Non-platform
specific, the templates can be used regardless of the operating
system of their computer, and includes full instructions for
using the template and the accompanying data sets.