Description
A textbook for a short five or six weeks introductory statistics course, or for a longer one quarter or half semester course that goes on to explain such management techniques as simulation, decision analysis, and optimization. Evans (U. of Cincinnati) and Olson (Texas A&M U.) use the popular Excel spreadsheet software and a fictitious company to demonstrate principles and provide exercises. The CD contains the database and other spreadsheet files used in the text. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Unique in approach, this short, basic introduction to business statistics focuses on the practical applications of data analysis to business decision making in an electronic spreadsheet environment. It uses a comprehensive database (in the form of a Microsoft Excel Workbook) for a fictitious company to illustrate techniques and methodology as well as to provide a source of problems and exercises in a unified business context. Other spreadsheet add-ins--PHStat; a student version of Crystal Ball; and Treeplan--are also used for additional analysis capability. An accompanying CD-ROM contains the database, additional files, the student version of Crystal Ball, and Treeplan software and documentation. Data Analysis and Business Decisions. Displaying and Summarizing Data. Random Variables and Probability Distributions. Sampling and Statistical Analysis for Decision Making. Statistical Quality Control. Regression Analysis. Forecasting. Selection Models and Risk Analysis. Optimization. For anyone needing a quick, hands-on, applied introduction to business statistics in the contemporary electronic spreadsheet
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