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Statistics for Business cover

Statistics for Business

Decision Making and Analysis

by Robert Stine, Dean Foster

3rd Edition

Publisher: Pearson

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Book Details

Print ISBN9780134497167
eText ISBN9780134587448
PublisherPearson
Publishing Year2018
Edition3rd Edition
LanguageEnglish
Pages912

Statistics for Business: Decision Making and Analysis, 3rd Edition, is an introductory business statistics textbook designed for one- and two-semester courses. The text focuses on how to work with data to inform organizational decision-making.

The volume addresses fundamental topics including data variation, probability concepts, statistical inference, and regression models. Students explore categorical and numerical data, sampling, confidence intervals, statistical tests, and time series.

To structure analytical thinking, the textbook incorporates the 4M Analytics decision-making framework centered on motivation, method, mechanics, and message. This structure illustrates how business contexts initiate statistical processes and how conclusions guide practical action.

Table of Contents

  1. Chapter 1: Introduction

  2. Chapter 2: Data

  3. Chapter 3: Describing Categorical Data

  4. Chapter 4: Describing Numerical Data

  5. Chapter 5: Association Between Categorical Variables

  6. Chapter 6: Association Between Quantitative Variables

  7. Chapter 7: Probability

  8. Chapter 8: Conditional Probability

  9. Chapter 9: Random Variables

  10. Chapter 10: Association Between Random Variables

  11. Chapter 11: Probability Models for Counts

  12. Chapter 12: The Normal Probability Model

  13. Chapter 13: Samples and Surveys

  14. Chapter 14: Sampling Variation and Quality

  15. Chapter 15: Confidence Intervals

  16. Chapter 16: Statistical Tests

  17. Chapter 17: Comparison

  18. Chapter 18: Inference for Counts

  19. Chapter 19: Linear Patterns

  20. Chapter 20: Curved Patterns

  21. Chapter 21: The Simple Regression Model

  22. Chapter 22: Regression Diagnostics

  23. Chapter 23: Multiple Regression

  24. Chapter 24: Building Regression Models

  25. Chapter 25: Categorical Explanatory Variables

  26. Chapter 26: Analysis of Variance

  27. Chapter 27: Time Series

  28. Chapter Supplementary Material (Online-Only): Supplementary Material (Online-Only)

    • • Alternative Approaches to Inference
    • • Two-Way Analysis of Variance
    • • Regression with Big Data

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