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Business Statistics: For Contemporary Decision Making, 8th Edition

November 2013, ©2014
Business Statistics: For Contemporary Decision Making, 8th Edition (EHEP002881) cover image

Description

This text is an unbound, binder-ready edition. Access to WileyPLUS sold separately. 

Business Statistics: For Contemporary Decision Making, Binder Ready Version, 8th 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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Table of Contents

UNIT I INTRODUCTION

1 Introduction to Statistics 02

2 Charts and Graphs 18

3 Descriptive Statistics 52

4 Probability 98

UNIT II DISTRIBUTIONS AND SAMPLING

5 Discrete Distributions 142

6 Continuous Distributions 184

7 Sampling and Sampling Distributions 224

UNIT III MAKING INFERENCES ABOUT POPULATION PARAMETERS

8 Statistical Inference: Estimation for Single Populations 260

9 Statistical Inference: Hypothesis Testing for Single Populations 298

10 Statistical Inferences About Two Populations 354

11 Analysis of Variance and Design of Experiments 414

UNIT IV REGRESSION ANALYSIS AND FORECASTING

12 Simple Regression Analysis and Correlation 476

13 Multiple Regression Analysis 528

14 Building Multiple Regression Models 558

15 Time-Series Forecasting and Index Numbers 608

UNIT V NONPARAMETRIC STATISTICS AND QUALITY

16 Analysis of Categorical Data 664

17 Nonparametric Statistics 688

18 Statistical Quality Control 738

APPENDICES

A Tables 783

B Answers to Selected Odd-Numbered Quantitative Problems 823

GLOSSARY 833

INDEX 843

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Author Information

Ken Black is currently Professor of Decision Sciences in the School of Business and Public Administration at the University of Houston-Clear Lake. Born in Cambridge, Massachusetts and raised in Missouri, he earned a Bachelor's degree in mathematics from Graceland College, a Master's degree in math education from the University of Texas at El Paso, a Ph.D. in business administration in management science, and a Ph.D. in educational research from the University of North Texas.

Since joining the faculty in 1979, Professor Black has taught all levels of statistics courses, forecasting, management science, market research, and production/operations management. He published fifteen journal articles and over twenty professional papers, as well as two textbooks: Business Statistics: An Introductory Course and Business Statistics: Contemporary Decision Making. Black has consulted for many different companies, including Aetna, City of Houston, NYLCare, At&T, Johnson Space Center, Southwest Information resource, Connect Corporation, and Eagle Engineering.
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New To This Edition

  • NEW Topic in Chapter 6: “Using Probabilities to Solve for the Mean, the Standard Deviation, or an x value in a Normal Distribution”, explaining how to solve problems in which the student is required to use their normal curve skills to work problems “backwards” to find an unknown mean, standard deviation, or x value using the standard normal distribution table.
  • NEW Topic in Chapter 9: The more standard and well-known 8-step approach to testing hypotheses is presented, thereby replacing the HTAB system of testing hypotheses.
  • UPDATED Thinking Critically about Business Statistics: this feature provides thought-provoking questions to promote application and analysis of business statistics principles.
  • UPDATED and NEW Visuals: Graphs, tables, and figures have been added throughout the text to illustrate and underscore concepts.
  • NEW Decision Dilemmas: Three new Decision Dilemmas (Chapters 8, 9, and 10) have been added to this edition. New companies featured in these Decision Dilemmas include Valero Energy and L.L. Bean.
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The Wiley Advantage

  • WileyPLUS -WileyPLUS online learning environment features all end-of-chapter problems, author video tutorials, databases, applets, student solutions and Excel Manual for students.
  • Decision Dilemma & Decision Dilemma Solved - Chapter-opening vignettes are brief business-world scenarios which use the techniques introduced in the chapter to solve a business decision dilemma; at the end of chapters, dilemmas are addressed to reinforce the chapter concept.
  • 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
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Annotated Instructors Edition
Case Solutions
Cases in Excel and Minitab
Clicker Questions
Computerized Test Bank/Respondus
Darden Business Cases
Database Solutions
Databases in Excel and Minitab
Excel Manual
Image Gallery
Instructors Resource Manual
Online Chapter 19: Decision Analysis
PowerPoint Presentations
Problem Files in Excel and Minitab
Test Bank
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Students Resources
Wiley Student Companion Site
Wiley Business Facebook
Join our community and stay current with business and teaching best practices, learn about online events, and connect with colleagues from around the world. www.facebook.com/wileybusiness
Cases in Excel and Minitab
Databases in Excel and Minitab
Online Chapter 19: Decision Analysis
Problem Files in Excel and Minitab
WileyPLUS
Practice Quizzes
Student Excel Manual
Student Solutions Manual
ADDITIONAL RESOURCES
WileyPLUS
A research-based online environment for learning and assessment.
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Purchase Options
Wiley E-Text   
Business Statistics: For Contemporary Decision Making, 8th Edition
ISBN : 978-1-118-80048-5
880 pages
October 2013, ©2014
$80.00   BUY

Loose-leaf   
Business Statistics: For Contemporary Decision Making, Binder Ready Version, 8th Edition
ISBN : 978-1-118-49476-9
880 pages
November 2013, ©2014
$186.95   BUY

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