Statistics for Business and Economics (Statistics for Business & Economics) [Hardcover]

David R. Anderson (Author), Dennis J. Sweeney (Author), Thomas A. Williams (Author)

Book Description

Publication Date: August 1998 | ISBN-10: 0538875933 | ISBN-13: 978-0538875936 | Edition: 7th Bk&Dk

One of the best-selling business statistics texts on the market, offering a solid, comprehensive, applications-oriented text. The success of this title has been threefold: 1) The authors are well-known, proven, and highly regarded in the field. 2) The text provides solid and sound methodological development. The discussion and development of each technique is presented in an application setting, with the statistical results providing insights to decisions and solutions to problems. 3) The text is proven! People use it for its examples and exercises alone. Great problem sets!

Editorial Reviews

Review

"The textbook is very user-friendly (easy to read). The text has very good and useful real world problems. The computer applications using Microsoft Excel are a must for any business statistics course."

"Engaging examples and the relevant questions at the end of chapters. Clear and understandable. Intiutive explanations." --This text refers to an out of print or unavailable edition of this title.

About the Author

Thomas A. Williams is Professor of Management Science in the College of Business at Rochester Institute of Technology. Born in Elmira New York he earned his B.S. degree at Clarkson University. He did his graduate work at Rensselaer Polytechnic Institute where he received his M.S. and Ph.D. degrees.

Product Details

• Hardcover: 909 pages
• Publisher: South-Western Pub; 7th Bk&Dk edition (August 1998)
• Language: English
• ISBN-10: 0538875933
• ISBN-13: 978-0538875936
• Product Dimensions: 10.3 x 8.3 x 1.8 inches
• Shipping Weight: 4.5 pounds
• Average Customer Review: 3.7 out of 5 stars  See all reviews (29 customer reviews)
• Amazon Best Sellers Rank: #2,124,637 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

30 of 31 people found the following review helpful:

3.0 out of 5 stars Not the best book on the subject and the price......, August 30, 2005

By 

Steve Grey "Steve Grey" (Bahamas) - See all my reviews

Amazon Verified Purchase

This review is from: Statistics for Business and Economics (with CD-ROM and InfoTrac) (Statistics for Business & Economics) (Hardcover)

I teach Stats 201 (Introduction to Business Statistics) and for years I used the textbook by Wiers, which I feel is the best in it's field. After numerous obsrvations by my colleagues in the department, we hope that will be going back to the previous author's book after the current stock of this one runs out.

I find this book to be confusing, and it tends to jump around a lot rather than give a structured look at the process of learning Statistics. It pays little or no attention to the use of random numbers and the terminology is confusing.

Perhaps the biggest drawback with this book is the price- almost 150 bucks for a textbook is outrageous. Buy the previous edition used- the difference is minimal, the price difference is significant. Better still- buy the book on the same subject by Wiers. Don't just take my word- compare the two....it's just my opinion.

31 of 34 people found the following review helpful:

5.0 out of 5 stars Best text of first year MBA, February 11, 2005

By 

R. Jon (Japan) - See all my reviews
(REAL NAME)   

This review is from: Statistics for Business and Economics (with CD-ROM and InfoTrac) (Statistics for Business & Economics) (Hardcover)

Statistics is a mind-numbing subject. It's not easy, and not particularly exciting, either. This book doesn't exactly bring loads of fun to the subject, but it explains concepts well, provides pertinent examples, and offers plenty of useful practice problems.

The authors and publishers have paid particularly close attention to detail, ensuring, for instance, that all diagrams are on the same page as the concepts they elucidate. This may be a small thing to some, but I find it tiresome that with so many texts you are forced continually to flip back and forth from diagrams on one page to pertinent information on another.

I have a background in the Humanities and before the MBA stats course had not completed a math course since high school -- 20 years ago! (48th percentile quant GMAT!) My head was swimming after the first couple of lectures, but I sat down with this text, read it carefully, worked through ALL the problems, and received an A in the course. So far, I know of no other person that earned a full A, so the course was not a walk in the park. I believe that the one thing that differentiated me from the more capable quant jocks is that I spent plenty of quality time with the text.

If this is your textbook, you've got a good one. Use it well and good luck.

BTW, my one complaint is that the shiny paper reflects into your eyes under fluorescent lighting. Too bad almost all publishers, including this one, feel compelled to go with the glossy paper.

9 of 10 people found the following review helpful:

5.0 out of 5 stars An Excellent Book for Introductory Statistics, November 17, 2002

By A Customer

This review is from: Statistics for Business and Economics (Hardcover)

I only have the fifth edition of this book, but it is probably similar to this edition. I used this book, when I was teaching statistics many years ago. The book is very clear and it explains each statistical concept very thoroughly.

As an online statistics tutor, I find myself referring to it all the time. It has all of the topics that are normally covered in a first course in statistics. It also has some very good chapters on elective topics such as nonparametrics, sample surveys, and quality control. I took many courses in these subjects in undergraduate and graduate school, and I find that this book is a good review for some of the things I've forgotten.

I have many statistics books both elementary and advanced. This is one of only two elementary books that I would purchase again (my teacher's edition is losing the binding!).

It is probably the most complete book on statistics that I have ever read at this level. I would certainly recommend this book to anybody who is taking statistics for the first time. I would also recommend this book to statistics majors who plan to go into teaching and need a good review text.