Statistics for business and economics

The fifth edition of Statistics for Business and Economics provides an understanding to support good statistical analysis and decision making. The importance of statistical analysis for business and economics has rapidly increased with the expansion of computer capabilities and electronic transfer of data. Data is collected routinely from all business, government, and non-profit activities. Keys to success in this fast paced and expanding world include correct statistical analysis, interpretation of output, an understanding of complex processes, and the use of computer resources.

Building on the foundation of historical rigor and careful discussion of statistical concepts from previous editions, the fifth edition includes computer applications and interpretation as integral tools in the decision-making process and realistic examples and exercises with an accompanying CD-ROM that includes data files for all computer based exercises.

Contents

1. WHY STUDY STATISTICS ?
2. DESCRIBING DATA
3. SUMMARIZING DESCRIPTIVE RELATIONSHIPS
4. PROBABILITY
5. DISCRETE RANDOM VARIABLES AND PROBABILITY DISTRIBUTIONS
6. CONTINUOUS RANDOM VARIABLES AND PROBABILITY DISTRIBUTIONS
7. SAMPLING AND SAMPLING DISTRIBUTIONS
8. ESTIMATION
9. HYPOTHESIS TESTING
10. SIMPLE REGRESSION
11. MULTIPLE REGRESSION
12. ADDITIONAL TOPICS IN REGRESSION ANALYSIS
13. NONPARAMETRIC STATISTICS
14. GOODNESS-OF-FIT TESTS AND CONTINGENCY TABLES
15. ANALYSIS OF VARIANCE
16. INTRODUCTION TO QUALITY
17. TIME SERIES ANALYSIS AND FORECASTING
18. ADDITIONAL TOPICS IN SAMPLING
19. STATISTICAL DECISION THEORY