In response to the growing market trend in quantitative education, Albright, Winston, and Zappe's integrated business-statistics and management-science text presents core statistics and management-science methods in a modern, unified spreadsheet-oriented approach. With a focus on analyzing, not on techniques, the book covers business statistics with some essential managerial-science topics included. The example-based, Excel spreadsheet approach is useful in courses that combine traditional statistics and management-science topics though can be easily used for a one-term business statistics only course. The modeling and application focus, together with the Excel spreadsheet add-ins, provides a complete learning source for both students and practicing managers.
Too much emphasis on StatTools ... The techniques should be emphasized with Excel, since that's the tool that most managers have access to -- StatTools is not typically available.
[Textbook] The textbook walks through an encyclopedia of common data analysis tasks and problems with step-by-step training on the accompanying tools to simplify the work. The Excel plug-in tools that accompany the book are good for 2 years.
The text is clearly written to those with a background in statistical math. While my coursework made use of the concepts to apply them, I can't claim to thoroughly understand the numeracy presented on its pages. In the end, I feel a different book might have better suited the course.
This is my statistics text book. Very useful, so far as having concrete examples with the excel steps to use to find the calculations. Not the most thrilling, but I think there's more that I can use with this in the future for work. Yup, I'm that much of a nerd.