Cart
Free Shipping in Australia
Proud to be B-Corp

Statistics for Business and Economics James T. McClave

Statistics for Business and Economics By James T. McClave

Statistics for Business and Economics by James T. McClave


$140.99
Condition - Good
Only 1 left

Summary

Suitable for a one- or two-term course in business statistics, this introduction to business statistics emphasizes inference. It covers data collection and analysis to evaluate the reported results of statistical studies and to make good business decisions.

Statistics for Business and Economics Summary

Statistics for Business and Economics: International Edition by James T. McClave

For a one- or two-term course in business statistics.

Designed for students with a background in basic algebra, this best-selling introduction to business statistics emphasizes inference; data collection and analysis are covered extensively, as needed, to evaluate the reported results of statistical studies and to make good business decisions. The authors stress the development of statistical thinkingthe assessment of credibility and value of the inferences made from databoth by those who consume and those who produce the information. Numerous case studies, examples, and exercises all draw on real business situations and recent economic events.

Table of Contents



1. Statistics, Data, and Statistical Thinking.

1.1 The Science of Statistics

1.2 Types of Statistical Applications

1.3 Fundamental Elements of Statistics

1.4 Processes (Optional)

1.5 Types of Data

1.6 Collecting Data

1.7 The Role of Statistics in Managerial Decision-Making

Statistics in Action: A "20/20" View of Survey Results - Fact or Fiction?

Using Technology: Creating and Listing Data in SPSS, MINITAB, and EXCEL



2. Methods for Describing Sets of Data.

2.1 Describing Qualitative Data

2.2 Graphical Methods for Describing Quantitative Data

2.3 Summation Notation

2.4 Numerical Measures of Central Tendency

2.5 Numerical Measures of Variability

2.6 Interpreting the Standard Deviation

2.7 Numerical Measures of Relative Standing

2.8 Methods for Detecting Outliers (Optional)

2.9 Graphing Bivariate Relationships (Optional)

2.10 The Time Series Plot (Optional)

2.11 Distorting the Truth with Descriptive Techniques

Statistics In Action: Characteristics of Physicians who Use or Refuse Ethics Consultation

Using Technology: Describing Data using SPSS, MINITAB, and EXCEL/PHStat2

APPLYING STATISTICS TO THE REAL WORLD: THE KENTUCKY MILK CASE C PART I (A Case Covering Chapters 1 and 2)



3. Probability.

3.1 Events, Sample Spaces, and Probability

3.2 Unions and Intersections

3.3 Complementary Events

3.4 The Additive Rule and Mutually Exclusive Events.

3.5 Conditional Probability

3.6 The Multiplicative Rule and Independent Events

3.7 Random Sampling

3.8 Bayes' Rule (Optional)

Statistics In Action: Lottery Buster!

Using Technology: Generating a Random Sample Using SPSS, MINITAB, and EXCEL/PHStat2



4. Discrete Random Variables.

4.1 Two Types of Random Variables

4.2 Probability Distributions for Discrete Random Variables

4.3 Expected Values of Discrete Random Variables

4.4 The Binomial Random Variable

4.5 The Poisson Random Variable (Optional)

4.6 The Hypergeometric Random Variable (Optional)

Statistics in Action: Probability in a Reverse Cocaine Sting

Using Technology: Binomial, Poisson, and Hypergeometric Probabilities using SPSS, MINITAB, and EXCEL/PHStat2



5. Continuous Random Variables

5.1Continuous Probability Distributions

5.2The Uniform Distribution (Optional)

5.3The Normal Distribution

5.4Descriptive Methods for Assessing Normality

5.5Approximating a Binomial Distribution with a Normal Distribution

5.6The Exponential Distribution (Optional)

Statistics in Action: Super Weapons Development - Optimizing the Hit Ratio

Using Technology: Cumulative Probabilities and Normal Probability Plots using SPSS, MINITAB, and EXCEL/PHStat2



6. Sampling Distributions

6.1The Concept of Sampling Distributions

6.2Properties of Sampling Distributions: Unbiasedness and Minimum Variance (Optional)

6.3The Sampling Distribution of and the Central Limit Theorem

Statistics in Action: The Insomnia Pill

Using Technology: Simulating a Sampling Distribution using MINITAB and EXCEL/PHStat2

APPLYING STATISTICS TO THE REAL WORLD: THE FURNITURE FIRE CASE (A Case Covering Chapters 3-6)



7. Inferences Based on a Single Sample: Estimation with Confidence Intervals

7.1Large-Sample Confidence Interval for a Population Mean

7.2Small-Sample Confidence Interval for a Population Mean

7.3Large-Sample Confidence Interval for a Population Proportion

7.4Determining the Sample Size

7.5Finite Population Correction for Simple Random Sampling (Optional)

7.6Sample survey Designs (Optional)

Statistics in Action: Scallops, Sampling, and the Law

Using Technology: Confidence Intervals using SPSS, MINITAB and EXCEL/PHStat2



8. Inferences Based on a Single Sample: Tests of Hypothesis

8.1The Elements of a Test of Hypothesis

8.2Large-Sample Test of Hypothesis About a Population Mean

8.3Observed Significance Levels: p-Values

8.4Small-Sample Test of Hypothesis About a Population Mean

8.5Large-Sample Test of Hypothesis About a Population Proportion

8.6Calculating Type II Error Probabilities: More About _ (Optional)

8.7Test of Hypothesis About a Population Variance (Optional)

Statistics in Action: Diary of a Kleenex User

Using Technology: Tests of Hypotheses using SPSS, MINITAB and EXCEL/PHStat2



9. Inferences Based on a Two Samples: Confidence Intervals and Tests of Hypotheses

9.1Comparing Two Population Means: Independent Sampling

9.2Comparing Two Population Means: Paired Difference Experiments

9.3Comparing Two Population Proportions: Independent Sampling

9.4Determining the Sample Size

9.5Comparing Two Population Variances: Independent Sampling

Statistics in Action: The Effect of Self-Managed Work Teams on Family Life

Using Technology: Two-Sample Inferences using SPSS, MINITAB and EXCEL/PHStat2

APPLYING STATISTICS TO THE REAL WORLD: THE KENTUCKY MILK CASE C PART II (A Case Covering Chapters 7-9)



10. Design of Experiments and Analysis of Variance

10.1Elements of a Designed Experiment

10.2The Completely Randomized Design

10.3Multiple Comparisons of Means

10.4The Randomized Block Design (Optional)

10.5Factorial Experiments

Statistics in Action: The Ethics of Downsizing

Using Technology: Analysis of Variance using SPSS, MINITAB and EXCEL/PHStat2



11. The Chi-Square Test and the Analysis of Contingency Tables

11.1Categorical Data and the Multinomial Distribution

11.2Testing Category Probabilities: One-Way Table

11.3Testing Category Probabilities: Two-Way (Contingency) Table

11.4A Word of Caution About Chi-Square Tests

Statistics in Action: A Study of Coupon UsersMail versus the Internet

Using Technology: Chi-Square Analyses using SPSS, MINITAB and EXCEL/PHStat2

APPLYING STATISTICS TO THE REAL WORLD: DISCRIMINATION IN THE WORKPLACE (A Case Covering Chapters 10-11)



12. Simple Linear Regression

12.1Probabilistic Models

12.2Fitting the Model: The Least Squares Approach

12.3Model Assumptions

12.4An Estimator of _2

12.5Making Inferences About the Slope _1

12.6The Coefficient of Correlation

12.7The Coefficient of Determination

12.8Using the Model for Estimation and Prediction

12.9A Complete Example

Statistics in Action: Can "Dowsers" Really Detect Water?

Using Technology: Simple Linear Regression using SPSS, MINITAB and EXCEL/PHStat2



13. Multiple Regression and Model Building

13.1Multiple Regression Models

13.2The First-Order Model: Estimating and Interpreting the _-Parameters

13.3Model Assumptions

13.4Inferences About the Individual _ Parameters

13.5Checking the Overall Utility of a Model

13.6Using the Model for Estimation and Prediction

13.7Model Building: Interaction Models

13.8Model Building: Quadratic and other Higher-Order Models

13.9Model Building: Qualitative (Dummy) Variable Models

13.10Model Building: Models with both Quantitative and Qualitative Variables (Optional)

13.11Model Building: Comparing Nested Models (Optional)

13.12Model Building: Stepwise Regression (Optional)

13.13Residual Analysis: Checking the Regression Assumptions

13.14Some Pitfalls: Estimability, Multicollinearity, and Extrapolation

Statistics in Action: Bid-Rigging in the Highway construction Industry

Using Technology: Multiple Regression using SPSS, MINITAB and EXCEL/PHStat2

APPLYING STATISTICS TO THE REAL WORLD: THE CONDO SALES CASE (A Case Covering Chapters 12-13)



14. Methods for Quality Improvement

14.1Quality, Processes, and Systems

14.2Statistical Control

14.3The Logic of Control Charts

14.4A Control Chart for Monitoring the Mean of a Process: The -Chart

14.5A Control Chart for Monitoring the Variation of a Process: The R-Chart

14.6A Control Chart for Monitoring the Proportion of Defectives Generated by a Process: The p-Chart

14.7Diagnosing the Causes of Variation (Optional)

14.8Capability Analysis (Optional)

Statistics in Action: Testing Jet Fuel Additive for Safety

Using Technology: Control Charts using SPSS, MINITAB and EXCEL/PHStat2



15. Time Series: Descriptive Analyses, Models, and Forecasting

15.1Descriptive Analysis: Index Numbers

15.2Descriptive Analysis: Exponential Smoothing

15.3Time Series Components

15.4Forecasting: Exponential Smoothing

15.5Forecasting Trends: The Holt-Winters Model (Optional)

15.6Measuring Forecast Accuracy: MAD and RMSE

15.7Forecasting Trends: Simple Linear Regression

15.8Seasonal Regression Models

15.9Autocorrelation and the Durbin-Watson Test

Statistics In Action: Forecasting the Monthly Sales of a New Cold Medicine

Using Technology: Forecasting using SPSS, MINITAB and EXCEL/PHStat2

APPLYING STATISTICS TO THE REAL WORLD: THE GASKET MANUFACTURING CASE (A Case Covering Chapters 14-15)



16. Nonparametric Statistics

16.1Single Population Inferences: The Sign Test

16.2Comparing Two Populations: The Wilcoxon Rank Sum Test for Independent Samples

16.3Comparing Two Populations: The Wilcoxon Signed Rank Test for the Paired Difference Experiment

16.4The Kruskal-Wallis H-Test for a Completely Randomized Design

16.5The Friedman Fr - Test for a Randomized Block Design (Optional) 16.6Spearman's Rank Correlation Coefficient

Statistics in Action: Deadly ExposureAgent Orange and Vietnam Vets

Using Technology: Nonparametric Analyses using SPSS, MINITAB and EXCEL/PHStat2



Appendix ABasic Counting Rules


Appendix BTables

Table IRandom Numbers

Table IIBinomial Probabilities

Table IIIPoisson Probabilities

Table IVNormal Curve Areas

Table VExponentials

Table VICritical Values of t

Table VIICritical Values of _2

Table VIIIPercentage Points of the F Distribution, _=.10

Table IX Percentage Points of the F Distribution, _=.05

Table X Percentage Points of the F Distribution, _=.025

Table XI Percentage Points of the F Distribution, _=.01

Table XIICritical Values of TL and TU for the Wilcoxon Rank Sum Test: Independent Samples

Table XIIICritical Values of T0 in the Wilcoxon Paired Difference Signed Rank Test

Table XIVCritical Values of Spearman's Rank Correlation Coefficient



Appendix CCalculation Formulas for Analysis of Variance Short Answers to Selected Odd-Numbered Exercises Index

Additional information

GOR010032108
9780131246980
0131246984
Statistics for Business and Economics: International Edition by James T. McClave
Used - Good
Hardback
Pearson Education (US)
2004-05-13
1216
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Statistics for Business and Economics