- Hardcover
- Publisher: McGraw-Hill Higher Education; 5 edition (1 Nov 2002)
- Language English
- ISBN-10: 0072821256
- ISBN-13: 978-0072821253
- Product Dimensions: 26.2 x 20.8 x 3.8 cm
- Average Customer Review: 5.0 out of 5 stars See all reviews (1 customer review)
- Amazon Bestsellers Rank: 3,364,850 in Books (See Top 100 in Books)
- See Complete Table of Contents
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More About the Author
Product Description
Product Description
Practical Business Statistics, 5/e was written in response to instructors not wanting a formula driven, mathematically encyclopedic book. The use of computer applications means some topics no longer require coverage in detail. This allows future managers to know how to use and understand statistics. The text does this by using examples with real data that relate to the functional areas of business such as finance, accounting, and marketing. It de-emphasizes the theoretical, and presents the material in a well-written, easy style designed to motivate students. The emphasis is on understanding and applications as opposed to mathematical precision and formula detail.
From the Publisher
Text packaged with CD including data sets, PowerPoint slides, StatPad software, and practice quizzes, combines all the students tools in one easy medium.
Excel incorporated throughout the text where appropriate. Excel integration is important to students who will utilize this software as practitioners.
Increased coverage of data collection. The reason data analysis is gaining favor is because it is closer to the way real people in real situations make decisions and solve problems.
Internet Exercises have been added; this gives students more exposure to the Internet as it relates to business statistics.
New, updated design, more appealing and attractive to students and instructors.
Updated selected exercises.
Emphasis on real business uses of statistics giving students a "real world" perspective.
Emphasis on basic understanding and interpretation rather than theory and computations providing a more applied approach to learning and teaching business statistics. The text delivers exactly what is business majors need to know and learn about statistics.
Easy to read style of presentation making learning statistics more exciting for students.
Problem sets that are practical diverse, believable and motivating from all functional areas of business to appeal to a wide variety of business students.
Liberal use of graphics and larger data sets which peaks student's interest.
Emphasis on topics such as regression, forecasting, quality, and data descriptions that are most often encountered in the business world. This gives students an understanding as to why these topics are important in business.
Key words section at the end of chapters and end of book glossary.
'Projects' section in the end-of-chapter material that brings statistics closer to students' needs and interests by asking them to define the problem and choose the data set from their own interests.
Brief, illustrative case studies offer students practice in business decision-making and problem solving. --This text refers to an out of print or unavailable edition of this title.
Excel incorporated throughout the text where appropriate. Excel integration is important to students who will utilize this software as practitioners.
Increased coverage of data collection. The reason data analysis is gaining favor is because it is closer to the way real people in real situations make decisions and solve problems.
Internet Exercises have been added; this gives students more exposure to the Internet as it relates to business statistics.
New, updated design, more appealing and attractive to students and instructors.
Updated selected exercises.
Emphasis on real business uses of statistics giving students a "real world" perspective.
Emphasis on basic understanding and interpretation rather than theory and computations providing a more applied approach to learning and teaching business statistics. The text delivers exactly what is business majors need to know and learn about statistics.
Easy to read style of presentation making learning statistics more exciting for students.
Problem sets that are practical diverse, believable and motivating from all functional areas of business to appeal to a wide variety of business students.
Liberal use of graphics and larger data sets which peaks student's interest.
Emphasis on topics such as regression, forecasting, quality, and data descriptions that are most often encountered in the business world. This gives students an understanding as to why these topics are important in business.
Key words section at the end of chapters and end of book glossary.
'Projects' section in the end-of-chapter material that brings statistics closer to students' needs and interests by asking them to define the problem and choose the data set from their own interests.
Brief, illustrative case studies offer students practice in business decision-making and problem solving. --This text refers to an out of print or unavailable edition of this title.
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Customer Reviews
Most Helpful Customer Reviews
Format:Hardcover
I had the privelege of taking an MBA level course from Andy Siegel. The style of the text reflects the simply, user-friendly way he communicates in class. Not having taken a stats class before, I was happy to find a professor who could take a dry, complex subject and make it interesting and relatively painless. More professors should use this text!
Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com:
9 reviews
16 of 17 people found the following review helpful
Instead of a "mean" they should call it a "nice"
12 Jun 1999
Format:Hardcover
I had the privelege of taking an MBA level course from Andy Siegel. The style of the text reflects the simply, user-friendly way he communicates in class. Not having taken a stats class before, I was happy to find a professor who could take a dry, complex subject and make it interesting and relatively painless. More professors should use this text!
2 of 2 people found the following review helpful
Good and gentle introduction to statistics
4 April 2006
Format:Hardcover
Prof. Siegel's book is a great introductory text for business graduates with little prior exposure to statistics. The text covers many of the basic topics in statistics and ties them nicely to real world cases and problems.
The book starts with a description of the basic constructs of statistics - data sets, distributions, and variability. IT follows with an introduction to probability and covers random variables. The text continues to cover statistical inference, confidence intervals, and hypothesis testing. Finally the book gets to regression and time series analysis and demonstrates several applications of the techniques covered.
The book comes with a CD that contains lecture presentations (very useful), all the data sets in the books (saves you typing), and an excel add-on called StatPad that provides many useful statistical tools.
Overall I think that this text is a good choice for MBA students and business professionals with little background in statistics. It is very user-friendly and is well grounded in business.
The book starts with a description of the basic constructs of statistics - data sets, distributions, and variability. IT follows with an introduction to probability and covers random variables. The text continues to cover statistical inference, confidence intervals, and hypothesis testing. Finally the book gets to regression and time series analysis and demonstrates several applications of the techniques covered.
The book comes with a CD that contains lecture presentations (very useful), all the data sets in the books (saves you typing), and an excel add-on called StatPad that provides many useful statistical tools.
Overall I think that this text is a good choice for MBA students and business professionals with little background in statistics. It is very user-friendly and is well grounded in business.
1 of 1 people found the following review helpful
Simple Stats Book I've used till date
23 Oct 2010
Format:Hardcover|Amazon Verified Purchase
I don't have a great extensive experience in reviewing Statistics books, except to say, I usually found all of them confusing (more like me being so). But this book comes across as very well explained and simple to understand.
Would recommend this!
Along with "The Lady Tasting Tea" for a thorough understanding for the history and theory behind stats, wonderfully explained!
Would recommend this!
Along with "The Lady Tasting Tea" for a thorough understanding for the history and theory behind stats, wonderfully explained!
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