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Basic Statistics in Business and Economics

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Description

Basic Statistics in Business & Economics provides students majoring in management, marketing, finance, accounting, economics, and other fields of business administration with an introductory survey of descriptive and inferential statistics. Many examples and exercises that focus on business applications are used to illustrate the application of statistics, but also relate to the current world of the college student. A previous course in statistics is not necessary, and the mathematical requirement is first-year algebra. Students are given every step needed to be successful in a basic statistics course. This step-by-step approach enhances performance, accelerates preparedness, and significantly improves motivation. Understanding the concepts, seeing and doing plenty of examples and exercises, and comprehending the application of statistical methods in business and economics are the focus of this book. Today, the practice of data analytics is widely applied to big data. The practice of data analytics requires skills and knowledge in several areas. Computer skills are needed to process large volumes of information. Analytical skills are needed to evaluate, summarize, organize, and analyze the information. Critical thinking skills are needed to interpret and communicate the results of processing the information. This text supports the development of basic data analytical skills with the end of each chapter sections called Data Analytics providing the instructor and student with opportunities to apply statistical knowledge and statistical software to explore several business environments. Interpretation of the analytical results is an integral part of these exercises. A variety of statistical software is available to complement the 10th edition. Microsoft Excel includes an add-in with many statistical analyses. MegaStat is an add-in available for Microsoft Excel. Minitab and JMP are stand-alone statistical software packages available to download for either PC or Mac. In the text, Microsoft Excel, Minitab, and MegaStat are used to illustrate statistical software analyses. The text also includes references or links to Excel tutorials in Connect. These provide users with clear demonstrations using statistical software to create graphical and descriptive statistics and statistical analyses to test hypotheses. Digital resources within McGraw Hill Connect® help students apply what they've learned and achieve higher outcomes in the course. Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need when they need it and how they need it so that class time is more engaging and effective. Read more


Publisher ‏ : ‎ McGraw Hill; 10th edition (January 20, 2021)


Language ‏ : ‎ English


Hardcover ‏ : ‎ 640 pages


ISBN-10 ‏ : ‎ 1260716317


ISBN-13 ‏ : ‎ 13


Item Weight ‏ : ‎ 2.62 pounds


Dimensions ‏ : ‎ 8 x 0.5 x 10 inches


Best Sellers Rank: #144,745 in Books (See Top 100 in Books) #122 in Business Statistics #224 in Statistics (Books) #1,832 in Business & Finance


#122 in Business Statistics:


#224 in Statistics (Books):


Frequently asked questions

If you place your order now, the estimated arrival date for this product is: Tuesday, Nov 26

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Top Amazon Reviews


  • Poor explanation
In my opinion, a book should be written as if the person reading it can be led in a buildable direction. In every single chapter, I needed to google or try to connect the saturated and over exaggerated wording together to attempt to understand the material. I think if you are someone who ALREADY understands the material, it would be great practice. As someone who was learning it for the first time, it was very challenging. I would not waste money purchasing this book unless your teacher is going to use specific exercises from it. ... show more
Reviewed in the United States on July 17, 2022 by Bevin

  • A good book and a good price
I need it for my class stats7 for community college and there bookstore is expensive and I came on Amazon and they had way cheaper price. I recommend buying this book if your class is requiring it BUT I NEED THE ACCESS CODE for McGraw Hill.
Reviewed in the United States on December 12, 2021 by Yessica

  • Hard to understand
Not enough information on the subject and too many chapter problems to answer.
Reviewed in the United States on June 27, 2022 by Kneec

  • Cheaper
It got the job done and it’s cheaper here than at the campus store.
Reviewed in the United States on April 6, 2020 by Karmaah

  • Great!
Thank you!
Reviewed in the United States on September 17, 2019 by eric

  • Haven’t used it once, but I like to know it’s there
This wasn’t amazons fault, it’s my bummy stats professors fault. Like how does she get away with giving all the wrong answers on the notes? I’ve double checked them again and again, always wrong. Anyway thanks Amazon
Reviewed in the United States on October 23, 2021 by Lily

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