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Business Statistics
For Contemporary Decision Making, International Adaptation

Ken Black (Author)

9781119889663, Wiley

Paperback / softback, published 11 April 2024

832 pages
27.5 x 21.9 x 3.3 cm, 1.758 kg

Business Statistics uses current real-world data to equip students with the business analytics techniques and quantitative decision-making skills required to make more thoughtful, information-based decisions in today's workplace. Helping the student understand business analytics and the role that business statistics plays in it, the book has infused the language of business analytics along with its definitions, approaches, and explanations throughout the text.

Continuing the tradition of presenting and explaining business statistics using clear, complete, and student-friendly pedagogy, this international edition includes new chapter cases reinforcing the vibrancy and relevance of statistics. In addition, topical changes have been made in select chapters and problems have been revised in all the chapters.

About the Author vii

Preface ix

1 Introduction to Statistics and Business Analytics 1

2 Visualizing Data with Charts and Graphs 23

3 Descriptive Statistics 57

4 Probability 91

5 Discrete Random Variables and Their Probability Distributions 129

6 Continuous Random Variables and Normal Distributions 169

7 Sampling and Sampling Distributions 205

8 Statistical Inference: Estimation for Single Populations 235

9 Statistical Inference: Hypothesis Testing for Single Populations 269

10 Statistical Inferences About Two Populations 317

11 Analysis of Variance and Design of Experiments 369

12 Simple Regression Analysis and Correlation 425

13 Multiple Regression Analysis 473

14 Building Multiple Regression Models 501

15 Time-Series Forecasting and Index Numbers 549

16 Analysis of Categorical Data 603

17 Nonparametric Statistics 623

18 Statistical Quality Control 669

19 Decision Analysis 711

Appendix A Tables 747

Appendix B Answers to Selected Problems 789

Glossary 795

Index 803

Subject Areas: Business & management [KJ]

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