STATISTICS FOR MANAGEMENT AND ECONOMICS, Tenth Edition, emphasizes applications over calculation. It illustrates how vital statistical methods and tools are for today's managers--and teaches you how to apply them to real business problems. Using a proven three-step "ICI" approach to problem solving, the text teaches you how to IDENTIFY the correct statistical technique by focusing on the problem objective and data type; how to COMPUTE the statistics doing them by hand, using Excel, or using MINITAB; and how to INTERPRET results in the context of the problem. This unique approach enhances your comprehension and practical skills. The text's vast assortment of data-driven examples, exercises, and cases covers the various functional areas of business, demonstrating the statistical applications that marketing managers, financial analysts, accountants, economists, and others use. These comprehensive applications give you hands-on practice, while solid pedagogical elements make the material more accessible and easy to apply to your world. Completely up-to-date, the tenth edition offers comprehensive coverage, current examples, and Excel 2013 and MINITAB 16 content.
As someone from an arts and letters background who successfully avoided statistics for the first 18 years of formal education, this the clearest and most concise explanation of quantitative analysis I could have imagined.
I am re-reading this book from college, which was from one of many stats & quantitative analysis classes that I had to take, to support some statistical work functions. It is proving to be a great resource. From all of my stats and quan. classes, this one is the most useful post-school resource. It is written for and applied to business management, so it's not just a math book. I love identifying trends and hunting for savings, and a few of the tools outlined in this book help me with a bit of the behind the scenes math. Oh how fun the world of stats can be. Great book. Easy to read and reference. So glad that I didn't sell this book back.
not sure why in my undergraduate class we started about the middle of this book and worked forward. in my graduate class we started at the beginning and worked to the middle. oh well. now i know more about why i was doing what i was doing when i was doing the hard stuff ;-)
This is one of my favorite introductory statistics books. There are lots of worked out examples showing all of the calculations. I also like the "Interpreting the Results" sections that follow many examples. This book is geared towards business majors, so it is not heavy on theory.