Statistical Thinking In Business Second Edition

Author : J. A. John,D. Whitaker,D.G. Johnson
Publisher : CRC Press
Page : 410 pages
File Size : 52,9 Mb
Release : 2005-08-29
Category : Mathematics
ISBN : 9781584884958

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Statistical Thinking in Business, Second Edition by J. A. John,D. Whitaker,D.G. Johnson Pdf

Business students need the ability to think statistically about how to deal with uncertainty and its effect on decision-making in business and management. Traditional statistics courses and textbooks tend to focus on probability, mathematical detail, and heavy computation, and thus fail to meet the needs of future managers. Statistical Thinking in Business, Second Edition responds to the growing recognition that we must change the way business statistics is taught. It shows how statistics is important in all aspects of business and equips students with the skills they need to make sensible use of data and other information. The authors take an interactive, scenario-based approach and use almost no mathematical formulas, opting to use Excel for the technical work. This allows them to focus on using statistics to aid decision-making rather than how to perform routine calculations. New in the Second Edition: A completely revised chapter on forecasting Re-arrangement of the material on data presentation with the inclusion of histograms and cumulative line plots A more thorough discussion of the analysis of attribute data Coverage of variable selection and model building in multiple regression End of chapter summaries More end of chapter problems A variety of case studies throughout the book The second edition also comes with a wealth of ancillary materials provided on a CD-ROM packaged with the book. These include automatically-marked multiple-choice questions, answers to questions in the text, data sets, Excel experiments and demonstrations, an introduction to Excel, and the StiBstat Add-In for stem and leaf plots, box plots, distribution plots, control charts and summary statistics. Solutions to end-of-chapter exercises and powerpoint slides for lecturers are available directly from the publisher.

Author : J. A. John
Publisher : Unknown
Page : 128 pages
File Size : 48,6 Mb
Release : 2006
Category : Mathematical statistics
ISBN : OCLC:960393274

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Statistical Thinking in Business by J. A. John Pdf

Author : Roger W. Hoerl,Ronald D. Snee
Publisher : John Wiley & Sons
Page : 640 pages
File Size : 49,5 Mb
Release : 2020-08-11
Category : Business & Economics
ISBN : 9781119605720

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Statistical Thinking by Roger W. Hoerl,Ronald D. Snee Pdf

Apply statistics in business to achieve performance improvement Statistical Thinking: Improving Business Performance, 3rd Edition helps managers understand the role of statistics in implementing business improvements. It guides professionals who are learning statistics in order to improve performance in business and industry. It also helps graduate and undergraduate students understand the strategic value of data and statistics in arriving at real business solutions. Instruction in the book is based on principles of effective learning, established by educational and behavioral research. The authors cover both practical examples and underlying theory, both the big picture and necessary details. Readers gain a conceptual understanding and the ability to perform actionable analyses. They are introduced to data skills to improve business processes, including collecting the appropriate data, identifying existing data limitations, and analyzing data graphically. The authors also provide an in-depth look at JMP software, including its purpose, capabilities, and techniques for use. Updates to this edition include: A new chapter on data, assessing data pedigree (quality), and acquisition tools Discussion of the relationship between statistical thinking and data science Explanation of the proper role and interpretation of p-values (understanding of the dangers of “p-hacking”) Differentiation between practical and statistical significance Introduction of the emerging discipline of statistical engineering Explanation of the proper role of subject matter theory in order to identify causal relationships A holistic framework for variation that includes outliers, in addition to systematic and random variation Revised chapters based on significant teaching experience Content enhancements based on student input This book helps readers understand the role of statistics in business before they embark on learning statistical techniques.

Author : Roger Hoerl,Ronald D. Snee
Publisher : Duxbury Resource Center
Page : 552 pages
File Size : 40,5 Mb
Release : 2002
Category : Business & Economics
ISBN : PSU:000044571092

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Statistical Thinking by Roger Hoerl,Ronald D. Snee Pdf

This innovative book teaches students to understand the strategic value of data and statistics in solving real business problems. Following principles of effective learning identified by educational and behavioral research, the instruction proceeds from tangible examples to abstract theory; from the big picture, or "whole," to details, or "parts"; and from a conceptual understanding to ability to perform specific tasks. While the computer is used for computational details, the authors describe the role of statistical thinking and methods for problem solving and process improvement to encourage use of the tools. Hoerl and Snee also teach skills to improve business processes, including collecting data appropriate for a specified purpose, recognizing limitations in existing data, graphically analyzing data using basic tools, deriving actionable conclusions from data analyses, and understanding the limitations of statistical analyses. In summary, the authors demonstrate that statistical thinking and methodology can help students be more valuable and effective in their chosen careers.

Author : Roger Wesley Hoerl
Publisher : Unknown
Page : 511 pages
File Size : 51,6 Mb
Release : 2012
Category : Commercial statistics
ISBN : 1119202728

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Statistical Thinking by Roger Wesley Hoerl Pdf

"How statistical thinking and methodology can help you make crucial business decisions. Straightforward and insightful, Statistical Thinking: Improving Business Performance, Second Edition, prepares you for business leadership by developing your capacity to apply statistical thinking to improve business processes. Unique and compelling, this book shows you how to derive actionable conclusions from data analysis, solve real problems, and improve real processes. Here, you'll discover how to implement statistical thinking and methodology in your work to improve business performance. Explores why statistical thinking is necessary and helpful. Provides case studies that illustrate how to integrate several statistical tools into the decision-making process. Facilitates and encourages an experiential learning environment to enable you to apply material to actual problems. With an in-depth discussion of JMP software, the new edition of this important book focuses on skills to improve business processes, including collecting data appropriate for a specified purpose, recognizing limitations in existing data, and understanding the limitations of statistical analyses"--

Author : Roger W. Hoerl,Ronald D. Snee
Publisher : John Wiley & Sons
Page : 544 pages
File Size : 47,8 Mb
Release : 2012-04-24
Category : Business & Economics
ISBN : 9781118094778

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Statistical Thinking by Roger W. Hoerl,Ronald D. Snee Pdf

How statistical thinking and methodology can help you make crucial business decisions Straightforward and insightful, Statistical Thinking: Improving Business Performance, Second Edition, prepares you for business leadership by developing your capacity to apply statistical thinking to improve business processes. Unique and compelling, this book shows you how to derive actionable conclusions from data analysis, solve real problems, and improve real processes. Here, you'll discover how to implement statistical thinking and methodology in your work to improve business performance. Explores why statistical thinking is necessary and helpful Provides case studies that illustrate how to integrate several statistical tools into the decision-making process Facilitates and encourages an experiential learning environment to enable you to apply material to actual problems With an in-depth discussion of JMP® software, the new edition of this important book focuses on skills to improve business processes, including collecting data appropriate for a specified purpose, recognizing limitations in existing data, and understanding the limitations of statistical analyses.

Author : Norean Radke Sharpe,Richard D. De Veaux,Paul F. Velleman
Publisher : Pearson
Page : 0 pages
File Size : 40,5 Mb
Release : 2014
Category : Commercial statistics
ISBN : 0321838696

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Business Statistics by Norean Radke Sharpe,Richard D. De Veaux,Paul F. Velleman Pdf

Normal 0 false false false In Business Statistics: A First Course, the authors leverage their unique blend of teaching, consulting, and entrepreneurial experiences to bring a modern business edge and dynamic approach to teaching statistics to business students. Focusing on statistics in the context of real business issues, the text emphasizes analysis and understanding over computation. This approach helps students be analytical, preparing them to make better business decisions and effectively communicate results. The authors have an accessible and compelling writing style and use short, targeted chapters to build understanding of new topics. They integrate current business applications to capture students' attention and teach statistical concepts needed in the modern business world. The Second Edition provides a wealth of examples and exercises so that the story is always tied to the way statistics is used to make better business decisions. New to this edition are For Examples (illustrative examples), Section Exercises (single-concept exercises), and part-ending Case Studies (which are more in-depth than the Brief Cases located at the end of chapters). To help students become proficient with technology, the Second Edition includes instructions for JMP(R), Minitab(R), and SPSS(R), as well as new and expanded coverage of Excel(R) 2010 and the add-in XLSTAT (TM) for Pearson. Screenshots of output are included throughout the chapters.

Author : James T. McClave,P. George Benson,Terry Sincich
Publisher : Simon & Schuster Books For Young Readers
Page : 746 pages
File Size : 54,5 Mb
Release : 1995-01
Category : Commercial statistics
ISBN : 0023791756

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A First Course in Business Statistics by James T. McClave,P. George Benson,Terry Sincich Pdf

Provides an introduction to statistics for business and economics with extensive coverage of data collection and analysis as needed to evaluate the reported results of statistical studies and to make good business decisions. It stresses the development of statistical thinking, the assessment of credibility and value of the inferences made from data -- both by those who consume and those who produce them -- and features numerous case studies, examples, and exercises -- all drawing on real business situations and recent economic events.

Author : Trevor Hastie,Robert Tibshirani,Jerome Friedman
Publisher : Springer Science & Business Media
Page : 545 pages
File Size : 46,9 Mb
Release : 2013-11-11
Category : Mathematics
ISBN : 9780387216065

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The Elements of Statistical Learning by Trevor Hastie,Robert Tibshirani,Jerome Friedman Pdf

During the past decade there has been an explosion in computation and information technology. With it have come vast amounts of data in a variety of fields such as medicine, biology, finance, and marketing. The challenge of understanding these data has led to the development of new tools in the field of statistics, and spawned new areas such as data mining, machine learning, and bioinformatics. Many of these tools have common underpinnings but are often expressed with different terminology. This book describes the important ideas in these areas in a common conceptual framework. While the approach is statistical, the emphasis is on concepts rather than mathematics. Many examples are given, with a liberal use of color graphics. It should be a valuable resource for statisticians and anyone interested in data mining in science or industry. The book’s coverage is broad, from supervised learning (prediction) to unsupervised learning. The many topics include neural networks, support vector machines, classification trees and boosting---the first comprehensive treatment of this topic in any book. This major new edition features many topics not covered in the original, including graphical models, random forests, ensemble methods, least angle regression & path algorithms for the lasso, non-negative matrix factorization, and spectral clustering. There is also a chapter on methods for “wide” data (p bigger than n), including multiple testing and false discovery rates. Trevor Hastie, Robert Tibshirani, and Jerome Friedman are professors of statistics at Stanford University. They are prominent researchers in this area: Hastie and Tibshirani developed generalized additive models and wrote a popular book of that title. Hastie co-developed much of the statistical modeling software and environment in R/S-PLUS and invented principal curves and surfaces. Tibshirani proposed the lasso and is co-author of the very successful An Introduction to the Bootstrap. Friedman is the co-inventor of many data-mining tools including CART, MARS, projection pursuit and gradient boosting.

Author : Anthony Donoghue
Publisher : Cognella Academic Publishing
Page : 128 pages
File Size : 55,8 Mb
Release : 2021-08-02
Category : Electronic
ISBN : 1793564639

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Statistical Thinking Through Media Examples by Anthony Donoghue Pdf

Author : J.A. John,D. Whitaker,D.G. Johnson
Publisher : CRC Press
Page : 356 pages
File Size : 48,5 Mb
Release : 2001-06-28
Category : Mathematics
ISBN : 1584882484

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Statistical Thinking for Managers by J.A. John,D. Whitaker,D.G. Johnson Pdf

All business activities are subject to variability. As a consequence, managers and business students need the ability to think statistically about how to deal with the resulting uncertainty and its effect on decision-making in management and commerce. To give them that ability, there is a growing recognition that we must change the way business statistics is taught. Traditional texts tend to focus on probability, mathematical detail, and heavy computation, and thus fail to meet the real needs of future business managers. Statistical Thinking for Managers takes a very different, very practical, approach that presents even sophisticated statistics concepts with a minimum of mathematics. It focuses on statistical thinking and discusses a range of topics that specifically apply to managers in business. Its scenario-based, interactive format and integrated use of Excel facilitate and reinforce the learning experience. Through this innovative treatment, readers will gain the ability to: " Appreciate basic statistical ideas " Use a scientific approach to problem solving " Understand the nature of variability " Use meaningful information to make informed decisions " Think in terms of processes and systems and develop strategies for process improvement Designed as an introductory text in business statistics, Statistical Thinking for Managers challenges the way students look at business problems and issues. It shows them the importance of statistics in all aspects of business and equips them with the skills they need to make informed and effective decisions.

Author : Jacob Cohen
Publisher : Routledge
Page : 625 pages
File Size : 55,9 Mb
Release : 2013-05-13
Category : Psychology
ISBN : 9781134742776

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Statistical Power Analysis for the Behavioral Sciences by Jacob Cohen Pdf

Statistical Power Analysis is a nontechnical guide to power analysis in research planning that provides users of applied statistics with the tools they need for more effective analysis. The Second Edition includes: * a chapter covering power analysis in set correlation and multivariate methods; * a chapter considering effect size, psychometric reliability, and the efficacy of "qualifying" dependent variables and; * expanded power and sample size tables for multiple regression/correlation.

Author : Jim Albert,Ruud H. Koning
Publisher : CRC Press
Page : 312 pages
File Size : 53,7 Mb
Release : 2007-07-12
Category : Mathematics
ISBN : 9781584888697

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Statistical Thinking in Sports by Jim Albert,Ruud H. Koning Pdf

Since the first athletic events found a fan base, sports and statistics have always maintained a tight and at times mythical relationship. As a way to relay the telling of a game's drama and attest to the prodigious powers of the heroes involved, those reporting on the games tallied up the numbers that they believe best described the action and bes

Author : Christine M. Anderson-Cook,Lu Lu
Publisher : Quality Press
Page : 480 pages
File Size : 47,9 Mb
Release : 2016-04-22
Category : Business & Economics
ISBN : 9780873899307

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Statistical Roundtables by Christine M. Anderson-Cook,Lu Lu Pdf

Quality Progress, the flagship journal of ASQ, has been publishing the column “Statistics Roundtable” since 1999. With over 130 contributions from leading authors in applied statistics, the column has been highly successful and widely read. This book collects 90 of the most interesting and useful articles on some key topics. The editors have constructed this book to be a resource for statisticians and practitioners alike – with short, accessible, practical advice in important core areas of statistics from world-renowned experts. This book is intended to be an informative read, with bite-sized columns, as well as a starting point for deeper exploration of key statistical areas. The book contains nine chapters with collections of articles on the following topics: Statistical engineering Data quality and measurement Data collection Key statistical tools Quality control Reliability Multiple response and meta-analysis Applications Communication and training Chapter introductions provide a quick overview of the material contained in the columns of that chapter, as well as complementary articles for that topic that appear elsewhere in the book. Also included at the end of the each chapter introduction is a short list of key references that can provide additional details or examples for material in the topic area.

Author : George C. Canavos,Don M. Miller
Publisher : Wadsworth Publishing Company
Page : 794 pages
File Size : 49,5 Mb
Release : 1993-01
Category : Analysis of variance
ISBN : 0534168426

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An Introduction to Modern Business Statistics by George C. Canavos,Don M. Miller Pdf

By emphasizing statistical - and managerial - thinking in this book, the authors show how to evaluate the source and quality of their data, as well as what they hope to extract from it. It presents statistical concepts and techniques as a body of knowledge, rather than merely a collection of tools. As they stress statistical thinking the authors aim to teach students to approach statistics as statisticians do. Concepts evolve naturally from previous material, helping students retain and relate to the information. The authors integrate the theme of Statistical Quality Control or Statistical Process Control throughout the entire text. Using this approach, Canavos and Miller aim to teach students to think critically about statistics, and its application to business decision making, as well as how to measure and improve quality and efficiency, and how to be more competitive in the marketplace.