{"product_id":"an-essential-guide-to-business-statistics-isbn-9781118715635","title":"An Essential Guide to Business Statistics","description":"\u003cp\u003e\u003ci\u003eAn Essential Guide to Business Statistics \u003c\/i\u003eoffers a clear and concise introduction for business students studying statistics for the first time. It helps them to become proficient in using statistical techniques and interpreting their results within a business content and will enable them to have a better understanding of customers, decision making and planning for the future.\u003c\/p\u003e \u003cp\u003eThis is an ideal resource for undergraduate business students taking introductory modules in business statistics or quantitative methods. Accompanying the text is a rich supporting website which contains additional teaching and learning materials including slides for each chapter, tutorials in excel, self-test quizzes and student practice projects at varying difficulty levels.\u003c\/p\u003e \u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003eAbout the Author xi\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Introduction 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCollection 1\u003c\/p\u003e \u003cp\u003eAnalysis 2\u003c\/p\u003e \u003cp\u003eInterpretation 2\u003c\/p\u003e \u003cp\u003ePresentation 2\u003c\/p\u003e \u003cp\u003eTerminology 2\u003c\/p\u003e \u003cp\u003eUsing Excel 3\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Data Collection 13\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 13\u003c\/p\u003e \u003cp\u003eTerminology 14\u003c\/p\u003e \u003cp\u003ePrimary and Secondary Data 15\u003c\/p\u003e \u003cp\u003eSampling Methods 15\u003c\/p\u003e \u003cp\u003eData Collection Techniques 23\u003c\/p\u003e \u003cp\u003eUnderstanding Bias 28\u003c\/p\u003e \u003cp\u003eHints and Tips 28\u003c\/p\u003e \u003cp\u003ePractice Exercises 29\u003c\/p\u003e \u003cp\u003eSolutions to Practice Exercises 35\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Data Distributions 43\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 43\u003c\/p\u003e \u003cp\u003eFrequency Distributions 44\u003c\/p\u003e \u003cp\u003eRelative Frequency 47\u003c\/p\u003e \u003cp\u003eCumulative Frequency 48\u003c\/p\u003e \u003cp\u003eCumulative Relative Frequency 49\u003c\/p\u003e \u003cp\u003eGrouped Frequency Distributions 50\u003c\/p\u003e \u003cp\u003eNumerical Class Characteristics 54\u003c\/p\u003e \u003cp\u003eWhich Distribution? 57\u003c\/p\u003e \u003cp\u003eHints and Tips 58\u003c\/p\u003e \u003cp\u003ePractice Exercises 59\u003c\/p\u003e \u003cp\u003eSolutions to Practice Exercises 71\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Graphical Representation 85\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 85\u003c\/p\u003e \u003cp\u003eBar Charts 86\u003c\/p\u003e \u003cp\u003ePie Charts 88\u003c\/p\u003e \u003cp\u003eStem and Leaf Diagrams 90\u003c\/p\u003e \u003cp\u003eHistograms 93\u003c\/p\u003e \u003cp\u003eTime Series Plots 95\u003c\/p\u003e \u003cp\u003eScatter Diagrams 97\u003c\/p\u003e \u003cp\u003eHints and Tips 98\u003c\/p\u003e \u003cp\u003eUsing Excel 100\u003c\/p\u003e \u003cp\u003ePractice Exercises 104\u003c\/p\u003e \u003cp\u003eSolutions to Practice Exercises 116\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Measures of Central Tendency 125\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 125\u003c\/p\u003e \u003cp\u003eThe Mode 126\u003c\/p\u003e \u003cp\u003eThe Mean 127\u003c\/p\u003e \u003cp\u003eThe Median 131\u003c\/p\u003e \u003cp\u003eAdvantages and Disadvantages 134\u003c\/p\u003e \u003cp\u003eWhich Measure? 135\u003c\/p\u003e \u003cp\u003eHints and Tips 136\u003c\/p\u003e \u003cp\u003eUsing Excel 137\u003c\/p\u003e \u003cp\u003ePractice Exercises 143\u003c\/p\u003e \u003cp\u003eSolutions to Practice Exercises 156\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Measures of Dispersion 163\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 163\u003c\/p\u003e \u003cp\u003eRange 164\u003c\/p\u003e \u003cp\u003eQuartiles and the Interquartile Range 165\u003c\/p\u003e \u003cp\u003eFive-Number Summary 167\u003c\/p\u003e \u003cp\u003eBox Plots 168\u003c\/p\u003e \u003cp\u003eVariance and Standard Deviation 172\u003c\/p\u003e \u003cp\u003eCoefficient of Variation 178\u003c\/p\u003e \u003cp\u003eHints and Tips 180\u003c\/p\u003e \u003cp\u003eUsing Excel 181\u003c\/p\u003e \u003cp\u003ePractice Exercises 184\u003c\/p\u003e \u003cp\u003eSolutions to Practice Exercises 196\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Correlation 203\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 203\u003c\/p\u003e \u003cp\u003eScatter Diagrams 204\u003c\/p\u003e \u003cp\u003eCorrelation Coefficient 205\u003c\/p\u003e \u003cp\u003eRank Correlation Coefficient 211\u003c\/p\u003e \u003cp\u003eCause and Effect 212\u003c\/p\u003e \u003cp\u003eHints and Tips 213\u003c\/p\u003e \u003cp\u003eUsing Excel 213\u003c\/p\u003e \u003cp\u003ePractice Exercises 215\u003c\/p\u003e \u003cp\u003eSolutions to Practice Exercises 228\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Simple Linear Regression 245\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 245\u003c\/p\u003e \u003cp\u003eIndependent and Dependent Variables 246\u003c\/p\u003e \u003cp\u003eLinear Equations 246\u003c\/p\u003e \u003cp\u003eSimple Linear Regression Model 248\u003c\/p\u003e \u003cp\u003eFinding the Line of Best Fit 249\u003c\/p\u003e \u003cp\u003eMaking Predictions 252\u003c\/p\u003e \u003cp\u003eInterpolation and Extrapolation 253\u003c\/p\u003e \u003cp\u003eInterpretation 253\u003c\/p\u003e \u003cp\u003eHints and Tips 254\u003c\/p\u003e \u003cp\u003eUsing Excel 256\u003c\/p\u003e \u003cp\u003ePractice Exercises 257\u003c\/p\u003e \u003cp\u003eSolutions to Practice Exercises 267\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Probability 279\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 280\u003c\/p\u003e \u003cp\u003eTerminology 280\u003c\/p\u003e \u003cp\u003eApproaches to Probability 281\u003c\/p\u003e \u003cp\u003eBasic Properties 284\u003c\/p\u003e \u003cp\u003eProbability Model 285\u003c\/p\u003e \u003cp\u003eVenn Diagrams 286\u003c\/p\u003e \u003cp\u003eMutually Exclusive Events 287\u003c\/p\u003e \u003cp\u003eIndependent Events 287\u003c\/p\u003e \u003cp\u003eComplement Rule 288\u003c\/p\u003e \u003cp\u003eIntersection and Union 289\u003c\/p\u003e \u003cp\u003eAddition Rule 290\u003c\/p\u003e \u003cp\u003eConditional Probability 292\u003c\/p\u003e \u003cp\u003eMultiplication Rule 293\u003c\/p\u003e \u003cp\u003eHints and Tips 294\u003c\/p\u003e \u003cp\u003ePractice Exercises 296\u003c\/p\u003e \u003cp\u003eSolutions to Practice Exercises 303\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Introducing Statistical Inference 309\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 309\u003c\/p\u003e \u003cp\u003eRandom Variables 310\u003c\/p\u003e \u003cp\u003eDiscrete and Continuous Random Variables 310\u003c\/p\u003e \u003cp\u003eProbability Distributions 311\u003c\/p\u003e \u003cp\u003eNormal Distribution 313\u003c\/p\u003e \u003cp\u003eThe Standard Normal Distribution 315\u003c\/p\u003e \u003cp\u003ePopulation Parameters and Sample Statistics 321\u003c\/p\u003e \u003cp\u003ePoint and Interval Estimates 323\u003c\/p\u003e \u003cp\u003eHints and Tips 326\u003c\/p\u003e \u003cp\u003ePractice Exercises 327\u003c\/p\u003e \u003cp\u003eSolutions to Practice Exercises 333\u003c\/p\u003e \u003cp\u003eAppendix: The Standard Normal Distribution 341\u003c\/p\u003e \u003cp\u003eGlossary 345\u003c\/p\u003e \u003cp\u003eIndex 351\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eDawn Willoughby\u003c\/b\u003e is an award-winning writer and lecturer in statistics at the University of Reading, where she teaches students on a wide range of undergraduate programmes in areas including Business Management, Statistics, Mathematics, Psychology, Information Systems and Computer Science. She is a qualified mathematics teacher with a degree in Statistics and Computer Science and is currently working towards a Master's degree in Education. Dawn has also achieved professional recognition as a Fellow of the Higher Education Academy.   \u003c\/p\u003e\u003cp\u003e\u003cb\u003eAN ESSENTIAL GUIDE TO BUSINESS STATISTICS\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eIn a business context, we frequently collect information with a variety of different objectives in mind. However, business-related information, also referred to as data, has no practical use unless it can be properly processed and understood. We need statistics to help us achieve this understanding: statistics is a mathematical science that involves the collection, analysis, interpretation and presentation of data. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eAn Essential Guide to Business Statistics\u003c\/i\u003e offers a clear and concise introduction for business students studying statistics for the first time. It will help them to become proficient in using statistical techniques and interpreting their results within a business context and will enable them to have a better understanding of customers, decision making and planning for the future. \u003c\/p\u003e\u003cp\u003eDesigned to be engaging and accessible, \u003cb\u003e\u003ci\u003eAn Essential Guide to Business Statistics\u003c\/i\u003e\u003c\/b\u003e features: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eEasy to follow writing style makes the content comprehensible to all students, including those who do not consider numeracy as their strongest skill.\u003c\/li\u003e \u003cli\u003eNumerous examples to help students understand and apply their knowledge to business based scenarios.\u003c\/li\u003e \u003cli\u003eRich and comprehensive suite of 40 practice exercises per chapter, enabling the student to rigorously test their understanding of a topic; a full worked solution is also provided for each exercise.\u003c\/li\u003e \u003cli\u003eHints and tips sections to help students avoid common mistakes.\u003c\/li\u003e \u003cli\u003eScreen shots and associated instructions are provided to explain how to use MS Excel to carry out many of the statistical techniques.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThis book is an ideal resource for undergraduate business students taking introductory modules in Business Statistics or Quantitative Methods. Accompanying the text is a rich supporting website providing additional teaching and learning materials, including slides for each chapter, tutorials in Excel, self-test quizzes and student practice projects at varying difficulty levels.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47988722663653,"sku":"NP9781118715635","price":82.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118715635.jpg?v=1761781332","url":"https:\/\/k12savings.com\/es\/products\/an-essential-guide-to-business-statistics-isbn-9781118715635","provider":"K12savings","version":"1.0","type":"link"}