Basic Business Statistics: International Version

Preface 
1      Introduction and Data Collection
2      Presenting Data in Tables and Charts
3      Numerical Descriptive Measures 
4      Basic Probability 
5      Some Important Discrete Probability Distributions 
6      The Normal Distribution and Other Continuous Distributions 
7      Sampling Distributions and Sampling 
8      Confidence Interval Estimation 
9      Fundamentals of Hypothesis Testing: One-Sample Tests 
10    Two-Sample Tests 
11    Analysis of Variance 
12    Chi-Square Tests and Nonparametric Tests 
13    Simple Linear Regression 
14    Introduction to Multiple Regression 
15    Multiple Regression Model Building 
16    Time-Series Forecasting and Index Numbers 
17    Decision Making
18    Statistical Applications in Quality Management 
Appendices A—F 
Self-Test Solutions and Answers to Selected Even-Numbered Problems 
Index 
Student CD-ROM Topics
5.6 Using the Poisson Distribution to Approximate the Binomial Distribution CD5-1
7.6 Sampling from Finite Populations CD7-1
8.7 Estimation and Sample Size Determination for Finite Populations CD8-1
12.10 Chi-Square Goodness of Fit Tests
15.6 Influence Analysis
16.9 The Holt-Winters Method for Trend-Fitting and Forecasting

For courses in Business Statistics.
 
Berenson shows students how statistics is use in each functional area of business.
 
Relevancy of Statistics in Other Disciplines
 
Students need a frame of reference when learning statistics, especially when it is not their major.
 
Using Statistics Business Scenario — These chapter-opening vignettes show how the topics that will be discussed in the chapter are used in accounting, finance, information systems, management, or marketing.  Revisited throughout the chapter, these examples allow students to understand the relevancy of topics to their future careers.
 
Business Software in the Real-World
 
Integrating business software into all aspects of an introductory statistics course allows the course to focus on interpretation of results instead of computations. 
 
Chapter 19 teaches students about real-world statistical analysis and asks them to apply what they have learned so far in real situations, preparing them for future careers.
 
Expanded Hands-On Software
 
To further prepare students for their future careers, separate and expanded appendices for using Microsoft Excel, Minitab, and PHStat2 have been added:
 

• Contains instructions for using all versions of Excel
• New PHStat2 version (2.8) contains new procedures
• Minitab appendices feature the use of Minitab 15, the latest Minitab version, but are also fully compatible with Minitab 14

 
Chapter-Ending Web Cases
 
For the first 17 chapters, web cases have been added to teach students how to identify misuses of statistical information, sift through claims and assorted information, and determine whether the conclusions and claims are supported by the data.
 
Emphasis on RESULTS
 
Computer software is an integral part of learning statistics. The authors focus on data analysis by interpreting the results from Microsoft Excel or Minitab while reducing emphasis on doing computations.  Examples include:
 

• Focus on the interpretation of tables and charts, not construction by hand; Chapter 2.
• Emphasis on the p-value approach throughout chapters that cover hypothesis testing; Chapters 9-12

This edition attempts to update and expand information that emphasizes how statistics is used in each functional area of business.
 
Business Software in the Real-World
 
Integrating business software into all aspects of an introductory statistics course allows the course to focus on interpretation of results instead of computations. 
 
Chapter 19 teaches students about real-world statistical analysis and asks them to apply what they have learned so far in real situations, preparing them for future careers.
 
Expanded Hands-On Software
 
To further prepare students for their future careers, separate and expanded appendices for using Microsoft Excel, Minitab, and PHStat2 have been added:
 

• Contains instructions for using all versions of Excel
• New PHStat2 version (2.8) contains new procedures
• Minitab appendices feature the use of Minitab 15, the latest Minitab version, but are also fully compatible with Minitab 14