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Paul Newbold
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Statistics for Business and Economics 7th Edition

by Paul Newbold (Author), William L. Carlson (Author), Betty M. Thorne (Author)
3.7 3.7 out of 5 stars 23 ratings
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There is a newer edition of this item:

Book 9781292436845
Book 9781292436845
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A classic text for accuracy and statistical precision. Statistics for Business and Economics enables readers to conduct serious analysis of applied problems rather than running simple ";canned"; applications. This text is also at a mathematically higher level than most business statistics texts Provides readers with the knowledge they need to become stronger analysts for managerial positions.
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  1. ISBN-10
    0136085369
  2. ISBN-13
    978-0136085362
  3. Edition
    7th
  4. Publisher
    Prentice Hall
  5. Publication date
    March 23, 2009
  6. Language
    English
  7. Dimensions
    8.14 x 1.54 x 10.18 inches
  8. Print length
    1008 pages
  9. See all details
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Product details

  • Publisher ‏ : ‎ Prentice Hall; 7th edition (March 23, 2009)
  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 1008 pages
  • ISBN-10 ‏ : ‎ 0136085369
  • ISBN-13 ‏ : ‎ 978-0136085362
  • Item Weight ‏ : ‎ 4.34 pounds
  • Dimensions ‏ : ‎ 8.14 x 1.54 x 10.18 inches
  • Customer Reviews:
    3.7 3.7 out of 5 stars 23 ratings

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Paul Newbold

Paul Newbold

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Customer reviews

3.7 out of 5 stars
3.7 out of 5
23 global ratings

Top reviews from the United States

Aaron5
5.0 out of 5 stars Good step-by-step processes.
Reviewed in the United States on May 23, 2013
Verified Purchase
Good step-by step processes and tables. Well worth the money. The book helped me a lot in class. Statistics is a hard class.
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Jaewoo Kim
3.0 out of 5 stars Too many typos in the worst places
Reviewed in the United States on December 27, 2010
Verified Purchase
As others have already mentioned, this book has too many typos in all the wrong places such as equations. In the page 229, for example, the equation for variance is all minus signs when they should all be pluses. More than once, I have spent couple of hours trying to figure out why my answers were wrong only to find out it was because my answers were based on the wrong equation given by the book.

FYI, not all books have the typo problem. It appears the typo issue has been fixed but there are many earlier prints, like mine, that have this problem.

This is not a beginner's book. Rather, it appears to have been written for intermediate (non-calculus) statistics class. The book's explanations of Central Limit Theorem and others are fairly solid and the authors' writing styles are very fluid. The book does not necessarily look like a mishmash of different authors writing with totally different writing styles, and that is not easy to do when writing a book with multiple authors. So I give kudos to the authors for the overall quality of their writing.

If you a total beginner in statistics, I recommend "Humonguous Book on Statistics". If you are looking to improve your basic knowledge on statistics without going into advance calculus-level statistics, then this is a decent book except for the typos.

I would also like to see a workbook companion as this book's explanations of solutions are very skimpy.

If not for the typos, I would have given this book 4 to 4.5 stars.
5 people found this helpful
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timg
5.0 out of 5 stars Five Stars
Reviewed in the United States on August 20, 2015
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Came in good condition.
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Amazon Customer
1.0 out of 5 stars BAD STATISTICS FOR BUSINESS AND ECONOMICS
Reviewed in the United States on January 10, 2015
Verified Purchase
HORRIBLE! This textbook was a required text for an introductory econometrics class I took. The reason I've rated this book as I have: the examples and terminology don't do much in terms of TEACHING. Instead, it seems like the author was more intent on impressing other statisticians or colleagues given a very logorrheic/verbose style. Newbold did not consider his audience when compiling this textbook. This comes off as arrogant. There are typos and incorrect solutions. Further, the writing style lends to confusion and a disconnect between what needs to be learned and what is trying to be comprehended from the textbook. With this book, students spend more time trying to learn the author's style as opposed to learning the concepts needed to truly master the math needed to succeed in a career. If you are required to use this textbook for a course, it will be to your benefit to order supplementary textbooks as not much can be learned from this book alone.
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Mike
2.0 out of 5 stars Caution! Too many typos
Reviewed in the United States on December 8, 2010
Verified Purchase
Wrong equations, wrong solutions in the back and many typos in the actual content of this book encourage me to give it a worse review than 2 stars. There was some relevant information applicable to the real world which is why it deserves at least 1 star. This book is for amateur statisticians and the typos can really mislead the intended audience. I wouldn't recommend spending the amount of money if you have a choice. In general the book is just poorly put together. There are many chapters with the same information and some chapters have major jumps back and forth. This book also repeats itself a lot and, given the amount of typos, it tends to contradict itself. I wouldn't waste your time with spending a fortune on this.
4 people found this helpful
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Kairat Mynbayev
5.0 out of 5 stars Excellent examples, weak in theory
Reviewed in the United States on November 27, 2010
Pros: This text thoroughly covers most statistical topics. For each topic it has multiple motivating and solved examples. The number of exercises is large enough to satisfy instructors who teach large classes. Given the number of tables, plots and the sheer volume of the book, it is hard to find anything better.
Cons: The book has a problem which is common for many undergraduate texts. Most formulas and facts are not proved or derived. Therefore even a small typo creates misunderstanding. In the first three chapters the simplification reaches the level that the exercises become confusing even for an experienced reader. The whole approach hinges on memorizing the formulas. Since the logic behind the formulas is not explained and the algebraic training is sporadic, most students are lost after the first five chapters. For those instructors who are willing to teach (and those students who are willing to study) at a higher level, the way out is to use the Companion for "Statistics for Business and Economics", see [...] or [...]. It's a better option than whining about this textbook.
One person found this helpful
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Araceli Lopez
5.0 out of 5 stars very helpful
Reviewed in the United States on May 10, 2009
This person was very helpful in getting the book shipped to me via UPS as I requested. Thank you so much for your help.
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RS
3.0 out of 5 stars Too many typos
Reviewed in the United States on October 14, 2010
Verified Purchase
Seems like a good book. However one thing that put me off is the number of typos. Almost every chapter has 2 or 3 typos. And not just spelling errors - incorrect formulas and reference to the wrong tables/figures etc. I have never seen so many typos in a test book.
Can be very confusing.
Overall a decent intro to Statistics from a business point of view.
3 people found this helpful
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Top reviews from other countries

Amazon Customer
5.0 out of 5 stars Five Stars
Reviewed in Canada on November 1, 2016
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wonderful
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Lester
3.0 out of 5 stars Good text book, lousy condition on delivery.
Reviewed in Canada on February 9, 2013
Verified Purchase
This book was exactly what I needed for the class I was in. Unfortunatly it was damaged when I recieved it, but due to worries about a lengthy return process I had to keep it becasue the class had already started.
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