Business Statistics

Transform your students into confident data-driven decision makers with Business Statistics: For Contemporary Decision Making, 11th Edition.

Ken Black's proven approach combines cutting-edge real-world data with intuitive, student-centered pedagogy that makes complex statistical concepts accessible and immediately applicable. Students don't just learn formulas—they develop the critical business analytics expertise and quantitative reasoning skills that employers demand in our data-driven economy.

In a world where data drives every major business decision, this edition equips students with the competitive edge they need to excel in any career path.

Preface iv

1 Introduction to Statistics and Business Analytics 1

2 Visualizing Data with Charts and Graphs 22

3 Descriptive Statistics 57

4 Probability 93

5 Discrete Distributions 134

6 Continuous Distributions 172

7 Sampling and Sampling Distributions 208

8 Statistical Inference: Estimation for Single Populations 239

9 Statistical Inference: Hypothesis Testing for Single Populations 273

10 Statistical Inferences About Two Populations 323

11 Analysis of Variance and Design of Experiments 378

12 Simple Regression Analysis and Correlation 435

13 Multiple Regression Analysis 486

14 Building Multiple Regression Models 514

15 Time-Series Forecasting and Index Numbers 563

16 Analysis of Categorical Data 618

17 Nonparametric Statistics 638

18 Statistical Quality Control 684

19 Decision Analysis 727

Appendix A Tables 761

Glossary 802

Index 809