Customer Reviews

Statistics for Business and Economics (8th Edition)

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I used the 7th Edition in a graduate course in statistics and was frustrated both by the text's poor organization and its failure to present key statistical concepts clearly. I had to resort frequently to other sources to clarify topics that were poorly presented in the Prentice Hall text, and tended to find much simpler explanations outside of the text. The problem sets are particularly troublesome, as many of them do not appear to relate to the section in which they are contained and insufficient explanations are offered in the answer key. I recommend you look elsewhere.

Two things amaze me about this book:
#1 This book is in it's eigth edition
#2 Prentice Hall actually published this book

Wow I can't believe quality control at Prentice Hall allowed this one to slip through. It has no proof anywhere, rather it just throws equations at the reader and tries to convince the reader through examples. Several key probability and statistics concepts are no where present in this book. I was able to fill in the gaps through prior experience. I think the author must have assumed a very low mathematical capability of the reader which is strange because both business and economics get very mathematical. The data exercises are for the most part uninteresting. Also my copy has serious printing errors on several pages and the binding is weak.

Just a quick note... This book is filled with reference mistakes and inconsistencies. Trying to study for a test, and I'm frustrated with trying to figure out what this book is saying. C'mon guys, this is the 8th edition!!

After buying the seventh and the eighth edition of Statistics for Business and Economics. The two are pretty much the same. So, save your money, and fight back the publishing company by not purchasing this book.