Course in Business Statistics with CD-ROM

Description

Features

This brief paperback text builds student confidence by incorporating a unique, step-by-step system of examples, exercises, and special review sections.  This step-by-step framework allows students to learn by example, practice with exercises that step-up in level of difficulty, and solidify their understanding via one of-a-kind, review sections.  A more comprehensive version is also available: Business Statistics 6e, Updated.

Q: How do you think students use texts?  Do you think they read them cover to cover?  Do you think students learn by example? Would you be interested in a text that provides step-by-step coaching as they summarize key concepts and work examples?

• Summary boxes-Throughout the text, the procedures are summarized in a clearly identified, step-by-step fashion.

  • Summarizes the skills students need to master. See page 315.

• Step-by-Step solved examples-These boxed examples clearly show the step-by-step details to solving most of the problems.

  •    Offers a built-in study tool as students prepare their homework assignments. See page 315.

Q: What type of exercises do you assign?  How do you judge the quality of the exercises/problem material? Do you like to build student confidence by starting with basic drill questions and progressing to more challenging exercises?

• Exercises- With the addition of many new problems, the exercises are now organized into the following categories: Skill Development, Business Applications, and Advanced Applications. These provide a logical flow from computational to introductory business applications to more challenging business problems using larger, real world data sets.
  •   Provides a natural sequence ranging from easy to advanced problems. See pages 323, 324, 325.

Q: Do you think students struggle with determining when and where to apply the appropriate techniques? Would you be interested in a text that used a step-by-step flow chart to help clarify when and where to use the right techniques?

• Special review sections-Strategically positioned review sections (after ch. 1-3 and ch. 7-11) diagrams, charts, and comprehensive exercises to help students determine the correct analytical technique for problem solving.

  • Provides students with a clear summary of the concepts and techniques introduced in previous chapters. See pages 122-126 & 454-468.

 Other Points of Differentiation 

Q: How do you motivate students?

• Captivating examples and applications, rich data sets
  • The examples are interesting, realistic and drawn from all areas of business and life. Every topic is introduced in the context of a real business application complete with data. Real data, from small and large data sets, are used liberally within the examples and exercises.

Q: What type of software do you use with your students?

• Features Excel and Minitab 14 Software output 
  • The software is woven throughout the text in a seamless manner with a focus on interpretation of output. Simple instructions are placed next to the output so students can replicate the outcomes. See page 51. 

Q: What additional student resources are you interested in? 

• Student CD includes:
  • Lecture PowerPoints allow students to review and reinforce key points.
  • Excel and Minitab 14 PowerPoint Tutorials show students how to replicate the exact steps needed for a large number of the in-text examples.
  • Optional Topics cover Decision Analysis, Times-Series and Forecasting, Nonparametric Statistics, and Statistical Quality Control. 
  • Excel Simulations allow students to do "what-if" analysis on several interactive simulations.
  • Data Sets for the examples, exercises, and cases are included in the following formats: Excel, Minitab, SPSS, SAS, and ASCII.
• Student Solutions Manual contains worked-out solutions to the odd-numbered problems.
• Key Formula Guide containing all the key formulas from the text in an easy to use format is available in a free value-pack option.
• PH GradeAssist is an web-based system that automates the process of assigning and grading homework problems.  Student access codes can be packaged free with this text.

This text is available for personalization in the PHCBR custom database program.  Select only the chapters you require or supplement with recommended case studies all under one cover.  CLICK HERE to go directly to the PHCBR book-build site or visit our product page for additional information at pearsoncustom.com/business.

New to this Edition

• Exercises- With the addition of many new problems, the exercises are now organized into the following categories: Skill Development, Business Applications, and Advanced Applications. These provide a logical flow from computational to introductory business applications to more challenging business problems using larger, real world data sets.
  •   Provides a natural sequence ranging from easy to advanced problems. See pages 323, 324, 325.

Q: Do you assign/grade homework?  Would you be interested in an online resource that offered text specific questions that could be assigned for practice or homework and save you grading time?

• PH Grade Assist-This online homework system allows students to get additional practice and master their problem solving skills.
  • Allows instructors the flexibility to use this for practice or assignment purposes. Show OneKey with PH Grade Assist.

Q: How do you think students use texts?  Do you think they read them cover to cover?  Do you think students learn by example? Would you be interested in a text that provides step-by-step coaching as they summarize key concepts and work examples?

• Summary boxes-Throughout the text, the procedures are summarized in a clearly identified, step-by-step fashion.

  • Summarizes the skills students need to master. See page 315.

• Step-by-Step solved examples-These boxed examples clearly show the step-by-step details to solving most of the problems.

  • Offers a built-in study tool as students prepare their homework assignments. See page 315.

Q: Do you think students struggle with determining when and where to apply the appropriate techniques? Would you be interested in a text that used a step-by-step flow chart to help clarify when and where to use the right techniques?

• Special review sections-Strategically positioned review sections (after ch. 1-3 and ch. 7-11) diagrams, charts, and comprehensive exercises to help students determine the correct analytical technique for problem solving.

  • Provides students with a clear summary of the concepts and techniques introduced in previous chapters. See pages 122-126 & 454-468.

Table of Contents

1. The Where, Why, and How of Data Collection
     What is Business Statistics? Tools for Collecting Data. Populations,Samples, and Sampling Techniques. Data Types and Data
     Measurement Levels.

2. Graphs, Charts and Tables - Describing Your Data

    Frequency Distributions and Histograms. Bar Charts, Pie Charts and Stem and Leaf Diagrams.     Line Charts and Scatter Diagrams. 

3. Describing Data Using Numerical Measures
     Measures of Center and Location. Measures of Variation. Using the Mean and Standard Deviation Together.

Chapter 1-3 Special Review Section

4. Using Probability and Probability Distributions

    The Basics of Probability. The Rules of Probability. Introduction to Probability Distributions.

5. Discrete and Continuous Probability Distributions
  
     The Binomial Probability Distribution. Other Discrete Distributions. The Normal Probability Distribution. Other Continuous Probability
      Distributions.

6. Introduction to Sampling Distributions

    Sampling error: What It Is and Why It Happens. Sampling Distribution of the Mean. Sampling Distribution of a Proportion. 
          

7. Estimating Population Values

    Point and Confidence Interval Estimates for a Population Mean. Determining the Required Sample Size for Estimating the Population 
     Mean. Estimating a Population Proportion.

8. Introduction to Hypothesis Testing

    Hypothesis Tests for Means. Hypothesis Tests for Proportions. Type II Errors.

9. Estimation and Hypothesis Testing for Two Population Parameters

    Estimation for Two Population Means. Hypothesis Tests for the Difference Between Two Population Means. Estimation and Hypothesis 
     Tests for Two Population Proportions.  Chi-Square Test for Independence. 

10. Hypothesis Tests For One and Two Population Variances

      Test for a Single Population Variance. Test for Two Population Variances.

11. Analysis of Variance
 
       One-Way Analysis of Variance. Randomized Complete Block Analysis of Variance.

Chapter 7-11 Special Review Section

12. Introduction to Linear Regression and Correlation Analysis

     Scatter Plots and Correlation. Simple Linear Regression Analysis. Uses for Regression Analysis

13. The Basics of Multiple Regression Analysis

      Introduction to Multiple Regression Analysis. Using Qualitative Independent Variables. Working With Nonlinear Relationships. 
        Stepwise Regression. Determining the Aptness of the Model. 
       
CD-ROM Chapters

14. Introduction to Decision Analysis

15. Analyzing Forecasting and Time-Series Data

16. Introduction to Nonparametric Statistics

17. Introduction to Quality and Statistical Process Control

Index for CD-ROM chapters

Answers to Selected Odd-Numbered Problems for CD-ROM chapters