Applied Statistics in Business and Economics provides real meaning to the use of statistics in the real world by using real business situations and real data while appealing students to know the why rather than just the how. Four distinct objectives have been met to follow this premiseObjective 1: Communicate the Meaning of Variation in a Business ContextObjective 2: Use Real Data and Real Business ApplicationsObjective 3: Incorporate Current Statistical Practices and Offer Practical AdviceObjective 4: Provide More In-Depth Explanation of the Why and Let the Software Take Care of the HowThe emphasis of the 6th edition remains the same: thinking about data choosing appropriate analytic tools using computers effectively and recognizing limitations of statistics.
I have tought statistics course for business students with this book as the core reading, and my verdict is the book is written good, but the examples and applied exercises are very elementary. More advanced and closer to real-life examples and excercises would be significant improvement. Also, question bank is not updated regularly. Otherwise good core book for those who learn applied statistics, and have low math background.
The book itself is probably better than the interactive version. I'm rating based on McGraw Hill.
The highlights were on point for definitions, but consistently left out important formulas. The book as a whole consistently left out the exact Excel formulas after the first two or three chapters.
I ended up learning via Google more than I did from this book.