Customer Reviews

Statistics for Business and Economics and Student CD-ROM, Fifth Edition

5 star:		(3)
4 star:		(1)
3 star:		(1)
2 star:		(0)
1 star:		(2)

 

 

This book bring us statistics in a simple way, begining with easy exercises and increasing them to hard tasks. I have tried a lot of diferent books, some of them in Portuguese, and this was the only one that is realy good enough to teach us without a tutor or professor. It brings the most important parts of statistics for Business and Economics using exercises that talk about real cases and real hypothesis testing. It was easer to learn from this book than to do it in my own language.

I used this book for my MBA statistics class recently. This book is very well written in a clear way, not meant to be fancy but to provide a comprehensive coverage of most, if not all, relevant topics. I also belive that the coverage depth of each topic is adequate enough to satisfy all common business and economics applications.

This book is fairly comprehensive covering all the major topics that a student would need for the statistics modules in various business courses. Managers need to have an understanding of statistics so that they are able to manipulate the numerous masses of data that come their way into meaningful and useful information that they can employ in making business decisions.

The author presented the material in the book in a simple and clear manner without any complicated algebra, making it readable by students in business schools with a basic knowledge of mathematics. The author also provided large numbers of examples and exercises that should assist the reader in consolidating his/her understanding of the concepts described in the book.

Most managers are consumers rather than producers of statistical information. This book equips the reader with the expertise to enable one to be an informed consumer who knows the right questions to ask and the kind of information to request from those who produce the statistical information in the organization.

I'm an MBA student in a top5 business school in the US, and we use this as our textbook for the basic stats course. I've only read the first 5 chapters so far, and I've found this book to be one of the worst textbooks I've seen since college. Some very simple concepts are explained in very confused (and confusing) language, the text is very arid and skips over most of the conceptual subtleties or fallacies that the unsuspecting user of statistical data may easily fall victim to. I strongly suggest leafing through it before deciding whether to buy it (you can start with chapter 2, which is pretty typical of the tone of the book and, being the 1st "substantial" chapter of the book, doesn't assume knowledge of concepts defined in previous chapters).

So two things for buyers: The 6th edition is out and your professor likely is trying to get you to buy that one. Second even if the condition is marked as new by a seller on v5, most books are missing the CD-Rom when it reaches here. I haven't found a need for this disk, but the mislabeling by vendors is ANNOYING! The book isn't too bad and has little difference to the 6th edition (the 6th divides the chapters and concepts more), good class notes and a good list of formulas can help greatly. For the formulas Google for "CBS Semester 1 David Juran Statistics" if you can. I also would tell faculty to forget the added costs of v6 and the insanity of special print additions as this book used is plentiful, cheap and has really nothing horribly wrong. You know, use statistics and economics to figure out what is better for students?

CD supplement to this edition is virtually impossible to use due to chaotic labelling.

I have being looking forward to some useful data to be found in the CD but could not find absolutely nothing. Very disappointing I say!!!

I really have to warn everybody of this book! This book confuses me. This is the prescribed text for my first year subject. Maybe I am not senior enough to give comment on this book. Everytime I read this book, it confuses me somemore! If you have a choice, don't buy this book. If you are really serious in studying and not just buying an expensive book for display, don't ever buy this book.