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Statistics for Business and Economics (with Bind-In Card) » (11st Edition)

Book cover image of Statistics for Business and Economics (with Bind-In Card) by David R. Anderson

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
ISBN-13: 9780324783247, ISBN-10: 0324783248
Format: Hardcover
Publisher: Cengage Learning
Date Published: January 2010
Edition: 11st Edition

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Author Biography: David R. Anderson

David R. Anderson is Professor of Quantitative Analysis in the College of Business Administration at the University of Cincinnati. Born in Grand Forks, North Dakota, he earned his B.S., M.S., and Ph.D. degrees from Purdue University. Professor Anderson has served as Head of the Department of Quantitative Analysis and Operations Management and as the Associate Dean of the College of Business Administration. In addition, he was the coordinator of the College's first Executive Program.

Book Synopsis

Intended for undergraduates studying business administration or economics, this textbook serves as a conceptual introduction to the field of statistics. Topics include data, descriptive statistics, probability, sampling, interval estimation, hypothesis testing, variance, regression, forecasting, nonparametric methods, and decision analysis. The text emphasizes applications--especially applications of data analysis--and assumes mathematical knowledge only at the level of algebra. The authors teach at the University of Cincinnati and the Rochester Institute of Technology. Annotation ©2004 Book News, Inc., Portland, OR

Table of Contents

Ch. 1Data, Measurement, and Statistics1
Statistics in Practice: Kings Island, Inc.2
1.1Statistical Applications in Business and Economics3
1.2Data5
1.3Scales of Measurement5
1.4Data Acquisition11
1.5Descriptive Statistics14
1.6Statistical Inference15
Ch. 2Descriptive Statistics I. Tabular and Graphical Approaches23
Statistics in Practice: Colgate-Palmolive Company24
2.1Summarizing Qualitative Data25
2.2Summarizing Quantitative Data30
2.3The Role of the Computer38
2.4Exploratory Data Analysis42
Ch. 3Descriptive Statistics II: Measures of Location and Dispersion55
Statistics in Practice: Barnes Hospital56
3.1Measures of Location57
3.2Measures of Dispersion66
3.3Some Uses of the Mean and the Standard Deviation73
3.4Exploratory Data Analysis78
3.5The Role of the Computer82
3.6Computing Measures of Location and Dispersion for Grouped Data (Optional)85
Ch. 4Introduction to Probability98
Statistics in Practice: Morton International99
4.1Experiments, the Sample Space, and Counting Rules100
4.2Assigning Probabilities to Experimental Outcomes106
4.3Events and Their Probabilities111
4.4Some Basic Relationships of Probability114
4.5Conditional Probability120
4.6Bayes' Theorem128
Ch. 5Discrete Probability Distributions142
Statistics in Practice: Xerox Corporation143
5.1Random Variables144
5.2Discrete Probability Distributions146
5.3Expected Value and Variance149
5.4The Binomial Probability Distribution154
5.5The Poisson Probability Distribution165
5.6The Hypergeometric Probability Distribution169
Ch. 6Continuous Probability Distributions177
Statistics in Practice: Procter & Gamble178
6.1The Uniform Probability Distribution179
6.2The Normal Probability Distribution183
6.3The Exponential Probability Distribution199
Ch. 7Sampling and Sampling Distributions207
Statistics in Practice: Mead Corporation208
7.1The Electronics Associates Sampling Problem210
7.2Simple Random Sampling210
7.3Point Estimation216
7.4Introduction to Sampling Distributions219
7.5Sampling Distribution of [actual symbol not reproducible]223
7.6Sampling Distribution of [actual symbol not reproducible]234
7.7Properties of Point Estimators239
Appendix: The Expected Value and Standard Deviation of [actual symbol not reproducible]247
Ch. 8Interval Estimation250
Statistics in Practice: Dollar General Corporation251
8.1Interval Estimation of a Population Mean: Large-Sample Case252
8.2Interval Estimation of a Population Mean: Small-Sample Case261
8.3Determining the Sample Size269
8.4Interval Estimation of a Population Proportion272
Ch. 9Hypothesis Testing284
Statistics in Practice: Harris Corporation285
9.1Developing Null and Alternative Hypotheses286
9.2Type I and Type II Errors289
9.3One-Tailed Hypothesis Tests About a Population Mean: Large-Sample Case291
9.4Two-Tailed Hypothesis Tests About a Population Mean: Large-Sample Case301
9.5Hypothesis Tests about a Population Mean: Small-Sample Case308
9.6Hypothesis Tests about a Population Proportion313
9.7Hypothesis Testing and Decision Making319
9.8Calculating the Probability of Type II Errors320
9.9Determining the Sample Size for a Hypothesis Test about a Population Mean325
Ch. 10Statistical Inference about Means and Proportions With Two Populations336
Statistics in Practice: Pennwalt Corporation337
10.1Estimation of the Difference between the Means of Two Populations: Independent Samples338
10.2Hypothesis: Tests about the Difference between the Means of Two Populations: Independent Samples347
10.3Inferences about the Difference between the Means of Two Populations: Matched Samples354
10.4Inferences about the Difference between the Proportions of Two Populations359
Ch. 11Inferences about Population Variances370
Statistics in Practice: U.S. General Accounting Office371
11.1

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