Textbook

# Business Statistics: For Contemporary Decision Making, 9th Edition

ISBN: 978-1-119-32089-0
848 pages
For Instructors

## Description

Business Statistics: For Contemporary Decision Making, 9th Edition continues the tradition of presenting and explaining the wonders of business statistics through the use of clear, complete, student-friendly pedagogy. Ken Black's text equips readers with the quantitative decision-making skills and analysis techniques they need to make smart decisions based on real-world data.

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Preface viii

1 Introduction to Statistics 1

2 Charts and Graphs 15

3 Descriptive Statistics 48

4 Probability 89

5 Discrete Distributions 129

6 Continuous Distributions 166

7 Sampling and Sampling Distributions 201

8 Statistical Inference: Estimation for Single Populations 231

9 Statistical Inference: Hypothesis Testing for Single Populations 265

10 Statistical Inferences About Two Populations 316

11 A nalysis of Variance and Design of Experiments 370

12 Simple Regression Analysis and Correlation 424

13 Multiple Regression Analysis 473

14 Building Multiple Regression Models 501

15 Time-Series Forecasting and Index Numbers 546

16 Analysis of Categorical Data 600

17 Nonparametric Statistics 620

18 Statistical Quality Control 664

19 Decision Analysis 705

Appendix A: Tables

Appendix B: Answers to Selected Odd-Numbered Quantitative Problems

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## New to This Edition

• The revised text chapter organization allows for both one and two semester coverage.
• Each chapter begins with Decision Dilemmas - real business vignettes that each present a business dilemma, asking a number of managerial or statistical questions, the solutions to which require the use of techniques prersented in the chapter; a Decision Dilemma Solved feature concludes each chapter to answer and discuss each question.
• New, exciting business cases to help students apply the techniques and skills presented in the text
• Each chapter contains at least one or two Thinking Critically About Statistics in Business Today features that give real-life examples of how the statistics presented in the chapter apply in the business world today.
• Nine databases that provide additional opportunities for students to apply the statistics presented in this text.
• 965 practice problems available in this text
• series of videotape tutorials by the author, Ken Black

nine d
atabases that provide
additional opportunities for students to apply the statistics
presented in this text
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• WileyPLUS -WileyPLUS online learning environment features all end-of-chapter problems, author video tutorials, databases, applets, student solutions and Excel Manual for students.
• Ethical Considerations - A feature in each chapter, Ethical Considerations integrate the topic of ethics with applications of business statistics.
• Tree Taxonomy Diagrams - Further illustrate the connection between topics and techniques and the ability to see the big picture of inferential statistics.
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Instructors Resources
Wiley Instructor Companion Site
Instructor's Manual
Prepared by Ken Black, this manual contains the worked-out solutions to virtually all problems in the text. In addition, this manual contains chapter objectives, chapter teaching strategies, and solutions to the cases.
Test Bank
Test your students' comprehension with this printable, editable digital collection of fill-in-the-blank, multiple-choice, true/false, and free-response questions.
Diploma Computerized Test Bank
Test your students' comprehension with this digital collection of fill-in-the-blank, multiple-choice, true/false, and free-response questions. Easily pick, choose, and incorporate questions to include in your student assessments. Wiley's CBTs allows you to tailor exams according to study objectives
Respondus Computerized Test Bank
Respondus is a powerful tool for creating and managing exams that can be printed to paper or published directly to Blackboard, ANGEL, Brightspace by D2L, Pearson eCollege, Canvas, Moodle, and other learning systems. Exams can be created offline using a familiar Windows environment, or moved from one LMS to another. Whether you are a veteran of online testing or relatively new to it, Respondus will save you hours on each project.
PowerPoint Presentations
Our PowerPoint presentations contain a combination of key concepts allowing you to illustrate important topics with images, figures, and problems from the textbook.
Image Gallery
Use this digital repository of images displayed throughout the textbook to enliven your PowerPoint slides and interact with the reading assignments in the classroom.
Clicker Questions
Prepared questions for use in the classroom with your preferred Classroom Response System software.
A research-based online environment for learning and assessment.
Digital evaluation copy available for this title
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Students Resources
Wiley Student Companion Site
Ken Black Video Tutorials
Practice quizzes
These quizzes give students a way to test themselves on course material before exams. Each chapter exam contains fill in the blank, application, and multiple choice questions that provide immediate feedback with the correct answer.
Student Solutions Manual
Step-by-step instructions explain how to complete a question/problem, providing further assistance to students struggling to come up with the correct answer.