Essential Statistics in Business and Economics

3rd Edition
1260547647 · 9781260547641
The Third Edition of Essential Statistics in Business and Economics was written to meet four distinct objectives.Objective 1: Communicate the Meaning of Variation in a Business Context Variation exists everywhere in the world around us and successful… Read More
Purchase Options
Request Review Access
Request More Info
Table of Contents

CHAPTER ONE: Overview of Statistics
CHAPTER TWO: Data Collection
CHAPTER THREE: Describing Data Visually
CHAPTER FOUR: Descriptive Statistics
CHAPTER FIVE: Probability
CHAPTER SIX: Discrete Probability Distributions
CHAPTER SEVEN: Continuous Probability Distributions
CHAPTER EIGHT: Sampling Distributions and Estimation
CHAPTER NINE: One-Sample Hypothesis Tests
CHAPTER TEN: Two-Sample Hypothesis Tests
CHAPTER ELEVEN: Analysis of Variance
CHAPTER TWELVE: Simple Regression
CHAPTER THIRTEEN: Multiple Regression
CHAPTER FOURTEEN: Chi-Square Tests

APPENDICES
A Binomial Probabilities
B Poisson Probabilities
C-1 Standard Normal Areas
C-2 Cumulative Standard Normal Distribution
D Student’s t Critical Values
E Chi-Square Critical Values
F Critical Values of F.10
G Solutions to Odd-Numbered Exercises
H Answers to Exam Review Questions
I Writing and Presenting Reports
J Excel Statistical Functions
The Third Edition of Essential Statistics in Business and Economics was written to meet four distinct objectives.

Objective 1: Communicate the Meaning of Variation in a Business Context Variation exists everywhere in the world around us and successful businesses know how to measure variation. This text shows how businesses know how to tell when variation should be responded to and when it should be left alone.

Objective 2: Use Realistic Business Applications The text offers examples, case studies, and problems from current research or real applications whenever possible. Hypothetical data are used when it seems the best way to illustrate a concept.

Objective 3: Incorporate Current Statistical Practices and Offer Practical Advice With the increased reliance on computers and data analytics, statistics practitioners have changed the way they use statistical tools. The text shows the current practices and explains why they are used the way they are, and tells you when each technique should not be used.

Objective 4: Provide More In-Depth Explanation of the Why and Let the Software Take Care of the How Today's technology makes it easier to summarize and communicate with data than ever before. The text demonstrates easily mastered techniques with commonly available software. The authors emphasize the idea of risks in decision making and that risks should be quantified and considered in business decisions.
New end-of-chapter Software Supplements (MegaStat, Minitab) to allow more focus on Excel within chapters.
Closer exercise compatibility with Connect, SmartBook, and LearnSmart.
Updated Related Readings and Web Sources for students who want to "dive deeper."
Revised LearningStats demonstrations to illustrate concepts beyond what is possible in a textbook (e.g., simulations).
Updated test bank (with more feedback) and updated/expanded Big Data Sets.
Improved illustrations, figures, and tables.
McGraw-Hill Connect LogoMcGraw-Hill Connect Logo

 

McGraw-Hill Connect is an award-winning digital teaching and learning solution that empowers students to achieve better outcomes and enables instructors to improve course management efficiency.

High-Quality Course Material
Our trusted solutions are designed to help students actively engage in course content and develop critical higher-level thinking skills while offering you the flexibility to tailor your course to the ways you teach and the ways your students learn.

Assignments & Automatic Grading
Connect features a question bank that you can select from to create homework, practice tests and quizzes. Dramatically reduce the amount of time you spend reviewing homework and grading quizzes, freeing up your valuable time to spend on teaching.

Analytics & Reporting
Monitor progress and improve focus with Connect’s visual and actionable dashboards. Reports are available to empower both instructors and students with real-time performance analytics.

Seamless Integration
Link your Learning Management with Connect for single sign-on and gradebook synchronization, with all-in-one ease for you and your students.

Purchase Options

We're committed to providing you with high-value course solutions backed by great service and a team that cares about your success.


Connect

Instant access to Connect, a comprehensive online learning platform:

  • eBook, homework and adaptive assignments, and study tools
  • Download the free ReadAnywhere App for offline access to your eBook

Note: Connect can only be used if assigned by your instructor.

> Learn more about Connect®


ISBN10: 1260242331 | ISBN13: 9781260242331

$89.00
180 Day

Connect + Print Text

Receive via shipping:

Connect access card, + colour, print bound version of the complete text

Connect includes:

  • eBook, homework and adaptive assignments, and study tools
  • Download the free ReadAnywhere App for offline access to your eBook

> Learn more about Connect®


ISBN10: 1260327167 | ISBN13: 9781260327168

$139.95

Print Text

Receive via shipping:

Colour, print bound version of the complete text


ISBN10: 1260547647 | ISBN13: 9781260547641

$119.95

McGraw Hill eBook

Instant access to your textbook via McGraw Hill Bookshelf

  • Highlight, search, and take notes
  • Offline and mobile access with the free ReadAnywhere app

Note: eBook purchase does not include Connect access.

> Learn more about the McGraw Hill eBook

> Subscription Details


ISBN10: 1264406320 | ISBN13: 9781264406326

$59.00
180 Day

ISBN10: 1260568709 | ISBN13: 9781260568707

$99.00
Lifetime