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ISBN: 9780321640116 | 032164011X

Edition: 11thFormat: Hardcover

Publisher: Pearson

Pub. Date: 1/3/2010

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Normal 0 false false false Classic, yet contemporary. Theoretical, yet applied.Statistics for Business and Economics, Eleventh Edition, gives you the best of both worlds. Using a rich array of applications from a variety of industries, McClave/Sincich/Benson clearly demonstrates to students how to use statistics effectively in a business environment. The book focuses on developing statistical thinking so the reader can better assess the credibility and value of inferences made from data. As consumers and future producers of statistical inferences, readers are introduced to a wide variety of data collection and analysis techniques to help them evaluate data and make informed business decisions. As with previous editions, this revision offers an abundance of applications with many new and updated exercises that draw on real business situations and recent economic events. The authors assume a background of basic algebra. KEY TOPICS: Statistics, Data, and Statistical Thinking; Methods for Describing Sets of Data; Probability; Random Variables and Probability Distributions; Inferences Based on a Single Sample: Estimation with Confidence Intervals; Inferences Based on a Single Sample: Tests of Hypothesis; Inferences Based on Two Samples: Confidence Intervals and Tests of Hypotheses; Design of Experiments and Analysis of Variance; Categorical Data Analysis; Simple Linear Regression; Multiple Regression and Model Building; Methods for Quality Improvement: Statistical Process Control; Time Series: Descriptive Analyses, Models, and Forecasting; Nonparametric Statistics MARKET: For all readers interested in statistics for business and economics.