Description

Appropriate for one or two term courses in introductory Business Statistics. With Statistics for Management, Levin and Rubin have provided a non-intimidating business statistics textbook that students can easily read and understand. Like its predecessors, the Seventh Edition includes the absolute minimum of mathematical/statistical notation necessary to teach the material. Concepts are fully explained in simple, easy-to-understand language as they are presented, making the text an excellent source from which to learn and teach. After each discussion, readers are guided through real-world examples to show how textbook principles work in professional practice.

Features

• NEW - Divides end-of-section exercises into (1) self-check exercises with worked out answers, (2) basic exercises, and (3) application exercises.

• NEW - Features “Hints and Assumptions, ” notes that review important assumptions in solving problems, provide useful hints for working the exercises that follow, and warn students of potential pitfalls in finding solutions.

• NEW - Adopts Minitab as the preferred PC package, doubling the number of computer examples with its arrival.

• NEW - Conducts all hypothesis tests using the standardized scale.

• NEW - Updates and adapts scenarios for 150 exercises. Pg.___

• NEW - Includes 150 new exercises.

• NEW - Doubles the total number of real-world exercises. Pg.___

• Includes easy-to-understand explanations of difficult statistical topics, such as...

  • Sampling distributions. Pg.___

  • Relationship between confidence level and confidence interval. Pg.___

  • Interpreting “r-square”. Pg.___

• Provides a complete package of teaching/learning aids in every chapter, including...

  • Chapter review exercises.

  • Chapter concepts tests.

  • “Statistics at Work” conceptual cases. Pg.___

  • “Computer Database Exercises. Pg.___

  • “From the Textbook to the Real-World Examples”. Pg.___

  • Flow charts.

  • Chapter glossaries.

  • Chapter learning objectives.

  • Assumptions and hints boxes.

  • Real-world exercises.

  • Chapter-opening problems (worked later in chapter).

  • Equations introduced and explained sections.

  • Marginal notes.

• Omits complex notation in favor of graphic and verbal explanations, including...

  • Explanation of the Poisson distribution. Pg.___

  • Standard error of the difference between two means. Pg.___

  • Explanation and decomposition of deviation. Pg.___

• Offers more total exercises than any other text, such as...

  • In-chapter exercises (both basic and applications- oriented).

  • Self-check exercises with worked out answers in each section.

  • End-of-chapter review exercises with each chapter.

  • Real-world exercises in each chapter.

  • Chapter concepts test exercises in each chapter.

  
  

This text is available for personalization in the PHCBR custom database program.  Select only the chapters you require or supplement with recommended case studies all under one cover.  CLICK HERE to go directly to the PHCBR book-build site or visit our product page for additional information at pearsoncustom.com/business.

New to this Edition

• Divides end-of-section exercises into (1) self-check exercises with worked out answers, (2) basic exercises, and (3) application exercises.

• Features “Hints and Assumptions, ” notes that review important assumptions in solving problems, provide useful hints for working the exercises that follow, and warn students of potential pitfalls in finding solutions.

• Adopts Minitab as the preferred PC package, doubling the number of computer examples with its arrival.

• Conducts all hypothesis tests using the standardized scale.

• Updates and adapts scenarios for 150 exercises. Pg.___

• Includes 150 new exercises.

• Doubles the total number of real-world exercises. Pg.___

Table of Contents

 1. Introduction.


 2. Grouping and Displaying Data to Convey Meaning: Tables and Graphs.


 3. Measures of Central Tendency and Dispersion in Frequency Distributions.


 4. Probability I: Introductory Ideas.


 5. Probability Distributions.


 6. Sampling and Sampling Distributions.


 7. Estimation.


 8. Testing Hypotheses: One Sample Tests.


 9. Testing Hypotheses: Two-Sample Tests.


10. Quality and Quality Control.


11. Chi-Square and Analysis of Variance.


12. Simple Regression and Correlation.


13. Multiple Regression and Modeling.


14. Nonparametric Methods.


15. Time Series and Forecasting.


16. Index Numbers.


17. Decision Theory.


Appendix Tables.