The authors show how to apply statistical methods to many business situations. Topics covered include probability and hypothesis testing, polls and sampling, decision theory, and more. Business Review books are designed for classroom use, but are also valuable as self-teaching volumes for businesspersons engaged in various fields. When used in college business courses, these titles make fine supplements to main textbooks. Instructors in adult education and brush-up programs often choose these books as their main classroom text.
--This text refers to an out of print or unavailable edition of this title.
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Editorial Reviews
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Barron's Business Review Books make excellent supplements to college textbooks--or even serve as fine main texts in adult education courses or business brush-up programs. You'll find key business terms defined, important concepts reviewed, and pertinent examples of business transactions summarized. Topics covered in this title include probability and hypothesis testing, random variables, polls and sampling, multiple linear regression, analyzing business data, decision theory, and more. --This text refers to an alternate Paperback edition.
Barron's Business Review Books make excellent supplements to college textbooks--or even serve as fine main texts in adult education courses or business brush-up programs. You'll find key business terms defined, important concepts reviewed, and pertinent examples of business transactions summarized. Topics covered in this title include probability and hypothesis testing, random variables, polls and sampling, multiple linear regression, analyzing business data, decision theory, and more. --This text refers to an alternate Paperback edition.
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Most Helpful Customer Reviews
53 of 58 people found the following review helpful:
5.0 out of 5 stars
Great Introduction to Statistics for MBA's,
By A Customer
This review is from: Business Statistics (Business Review) (Paperback)
I read this book just before starting an MBA course called "Basic Statistics". I found the book to be clear, intuitive and it certainly covered all topics we discussed in class. In my opinion, this book presents an easy way to understand Statistics by applying them to real business situations. I still use it as reference at work. Highly recommendable for business people interested in Statistics and with no much background in Math (just make sure you know how to add)
13 of 13 people found the following review helpful:
5.0 out of 5 stars
The best stats book for a non-stats person,
This review is from: Business Statistics (Barron's Business Review Series) (Paperback)
I manage a group of people who are incredibly skilled in data modeling and business statistics. I purchased this book as a refresher and reference - and was very happy with it. It discusses key statistical issues in simple terms - giving you the tools to handle yourself in any discussion.
3 of 3 people found the following review helpful:
4.0 out of 5 stars
Very good, but...,
By Sydney Lewis-Picard "Student of the Force" (Atlanta, GA United States) - See all my reviews (REAL NAME)
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This review is from: Business Statistics (Barron's Business Review Series) (Paperback)
I used this book as a supplement to a crash course in Statistics for Graduate School. It is very good, but it can be a little skimpy on complete explaination of all the variables in an equation.
One good feature of the text is that the next chapter builds on the previous. The complexity of the various statistical equations grows gradually. This is helpful in may respects, but the writer(s) assume that the reader has an EXCEPTIONAL memory and can readily recall details from 1, 2, or 3 chapters back which apply to the current text. I found myself going back and re-reading previous chapters to get a handle on the chapter I was actualy reading. Overall, the book is good but on one should try to use it as their sole book on business statistics.
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First Sentence:
Why, you may be wondering, should a business manager study statistics? Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
monthly trend ratio, random variable many times, pizza sales, pure random sample, relation between two quantities, percent critical value, forecasted value, percent significance level, mean square variance, test statistic value, median class, seasonally adjusted data, probability that the random variable, hypergeometric distribution, treatment sum, joint probability function, payoff table, pizza example, frequency diagram, moving average method, irregular component, random variable distribution Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Predicted Residual, Current Population Survey, Supreme Court, Economic Report of the President, Moby Dick, Ratio Treatment, Department of Commerce, Frequency Frequency, Probability Number of Ways, Year Real, Group Actual Predicted, Have It Your Way Burgers, Ratio Columns, Year Figure New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Why, you may be wondering, should a business manager study statistics? Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
monthly trend ratio, random variable many times, pizza sales, pure random sample, relation between two quantities, percent critical value, forecasted value, percent significance level, mean square variance, test statistic value, median class, seasonally adjusted data, probability that the random variable, hypergeometric distribution, treatment sum, joint probability function, payoff table, pizza example, frequency diagram, moving average method, irregular component, random variable distribution Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Predicted Residual, Current Population Survey, Supreme Court, Economic Report of the President, Moby Dick, Ratio Treatment, Department of Commerce, Frequency Frequency, Probability Number of Ways, Year Real, Group Actual Predicted, Have It Your Way Burgers, Ratio Columns, Year Figure New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 1
book:
31
books
cite this book:
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- Business Statistics (Barron's Business Review Series) by Ph.D. Downing Douglas in Front Matter, and Back Matter
- Approximation Theorems of Mathematical Statistics (Wiley Series in Probability and Statistics) by Robert J. Serfling in Front Matter
- Sampling Techniques, 3rd Edition by William G. Cochran in Front Matter
- Accounting (EZ-101 Study Keys; 2nd Edition) by David Minars CPA J.D. M.B.A in Back Matter
- The Investment Sourcebook: The Complete Guide to Finding and Understanding Investment Information by Michael Constas on page 85
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