Business Analysis Using Regression: A Casebook (Paperback)

by Dean P. Foster (Author), Robert A. Stine (Author), Richard P. Waterman (Author)
Key Phrases: display feet, leverage plot, expanded estimates, Term Estimate Std Error, Ratio Prob, Mean of Response (more...)

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Product Description
Providing an introduction to modern data analysis techniques, these casebooks can be used as the primary or secondary text for elementary business statistics courses. Statistics has the reputation of being a boring, complicated, and confusing mix of mathematical formulas accompanied by computers used to do something. This casebook and its companion volume Business Analysis Usuing Regression change that impression by showing how statistics gives insights and ansswers interesting business questions.

The material is organized into classes of related case studies that develop a single key idea of statistics. The authors begin by discussing an application that motivates the key idea. Students are then shown how to analyze a data set. The emphasis of the analysis is to answer important business questions with statistics rather than talk about statistics.

Basic Business Statistics introduces ideas often not emphasized in elementary texts such as issues of robustness, the use of transformations to simplify problems, sampling bias, confounding, kernel density, quality control, and scatterplot matrices. Business Analysis with Regression includes a discussion of scatterplot smoothing, prediction intervals for new observations, collinearity, logistic regression, nonlinear models, and multiple comparisons in regression.

The text includes directions for data analyses with JMP and an appendix with Minitab commands. Professors Dean P. Foster, Robert A. Stine, and Richard P. Waterman are members of the Department of Statistics at the Wharton School, University of Pennsylvania.

Product Details

• Paperback: 348 pages
• Publisher: Springer; Corrected edition (July 20, 2001)
• Language: English
• ISBN-10: 0387983562
• ISBN-13: 978-0387983561
• Product Dimensions: 10.9 x 8.4 x 0.7 inches
• Shipping Weight: 1.9 pounds (View shipping rates and policies)
• Average Customer Review: 3.0 out of 5 stars See all reviews (1 customer review)
• Amazon.com Sales Rank: #475,885 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

6 of 7 people found the following review helpful:

3.0 out of 5 stars GOOD FOCUS, POORLY PRESENTED, March 20, 2003

By	Denis Benchimol Minev "Amazonia" (Manaus, Amazonas, Brazil) - See all my reviews

This book has an interesting premise of focusing statistics for business at the mid-level using the JMP software. The concepts addressed are the right ones, even the order is good.

However, on the downside, it is very difficult to read. The cases are not well explained. This book is used at Wharton's 1st year core course in statistics and the general agreement is that it is very hard to comprehend it. I recommend an editor to the authors.