The Practice of Business
Statistics with CD Rom immerses students in the course immediately, involving them in
practical, statistics-supported business decision making from the outset. Using real data
to provide a context for tackling modern business problems, the book introduces a range of
core ideas early - including data production and interpretation. The usefulness of
statistical concepts in contemporary business, the connections between probability and
inference, and the relationship between data and decisions are emphasised. From this
beginning, the text continually revisits and builds on what students have learned,
re-purposing data sets from previous examples and exercises to explore different decision
models in different situations.
Pedagogically, The Practice of Business Statistics with CD Rom brings a number of new
learning tools to the business statistics textbook, including:
Case studies: Introduced in every chapter, the cases dramatise key concepts. Selected
examples in the chapter refer back to the cases, and chapter-ending pedagogy includes case
study exercises.
Applet exercises: In some exercises (indicated with an icon), students work with
manipuable data via applets on the Web site and/or CD.
Applications: Students see the immediate relevance of what they're learning through
coverage of: consumer's supermarket shopping habits; returns on common stocks; salary
distributions; stocks and bonds; forecasting earnings; and mutual fund performance.
Table of Contents
Examining Distributions
Examining Relationships
Producing Data
Probability and Sampling Distributions
Probability Theory
Introduction to Inference
Inference for Distributions
Inference for Proportions
Inference for Two-Way Tables
Inference for Regression
Multiple Regression
Statistical Quality: Control and Capability
Time Series Forecasting
One-Way Analysis of Variance
Two-Way Analysis of Variance
Nonparametric Tests
Logistic Regression
Bootstrap Methods and Permutation Tests
Author Biographies
DAVID S. MOORE, Purdue
University, USA.
GEORGE P. MCCABE, Purdue University, USA.
WILLIAM DUCKWORTH, Iowa State University, USA.
STANLEY SCLOVE, University of Illinois at Chicago, USA
780 pages