Statistical Thinking in Business Contributor(s): John, J. A. (Author), Whitaker, D. (Author), Johnson, D. G. (Author) |
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ISBN: 1138469769 ISBN-13: 9781138469761 Publisher: CRC Press OUR PRICE: $218.50 Product Type: Hardcover - Other Formats Published: June 2018 |
Additional Information |
BISAC Categories: - Mathematics | Probability & Statistics - General - Business & Economics | Management Science |
Dewey: 001.422 |
Physical Information: 408 pages |
Descriptions, Reviews, Etc. |
Publisher Description: Business students need the ability to think statistically about how to deal with uncertainty and its effect on decision-making in business and management. Traditional statistics courses and textbooks tend to focus on probability, mathematical detail, and heavy computation, and thus fail to meet the needs of future managers. Statistical Thinking in Business, Second Edition responds to the growing recognition that we must change the way business statistics is taught. It shows how statistics is important in all aspects of business and equips students with the skills they need to make sensible use of data and other information. The authors take an interactive, scenario-based approach and use almost no mathematical formulas, opting to use Excel for the technical work. This allows them to focus on using statistics to aid decision-making rather than how to perform routine calculations.New in the Second Edition A completely revised chapter on forecasting |