Test Bank for Business Statistics A Decision Making Approach 10th Edition by David Groebner, Patrick Shannon, Phillip Fry ISBN 0134496493 9780134496498

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Product details:

ISBN 10: 0134496493
ISBN 13: 9780134496498
Author: David Groebner, Patrick Shannon, Phillip Fry

For 2-Semester Introductory Business Statistics Courses. Gain an edge in today’s workplace by applying statistical analysis skills to real-world decision-making. Business Statistics: A Decision Making Approach provides you with an introduction to business statistics and to the analysis skills and techniques needed to make successful real-world business decisions. Written for students of all mathematical skill levels, the authors present concepts in a systematic and ordered way, drawing from their own experience as educators and consultants. Rooted in the theme that data are the starting point, Business Statistics champions the need to use and understand different types of data and data sources to be effective decision makers. This new edition integrates Microsoft Excel throughout as a way to work with statistical concepts and gives you a resource that can be used in both their academic and professional careers.  Also available with MyLab Statistics. MyLab™ Statistics is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them absorb course material and understand difficult concepts. Note: You are purchasing a standalone product; MyLab Statistics does not come packaged with this content. Students, if interested in purchasing this title with MyLab Statistics, ask your instructor to confirm the correct package ISBN and Course ID. Instructors, contact your Pearson representative for more information. If you would like to purchase both the physical text and MyLab Statistics, search for: 0134763637 / 9780134763637 Business Statistics Plus MyLab Statistics with Pearson eText — Title-Specific Access Card Package, 10/e   Package consists of:    0134496493 / 9780134496498 Business Statistics 0134748492 / 9780134748498 MyLab Statistics for Business Stats with Pearson eText — Standalone Access Card — for Business Statistics

Business Statistics A Decision Making Approach 10th Table of contents:

This textbook covers a range of statistical methods applicable to business. It begins with fundamental concepts like data collection procedures (primary methods, issues like bias), populations, samples, and sampling techniques. Further, it delves into data types and measurement levels (qualitative, quantitative, nominal, ordinal, interval, ratio). Data visualization techniques (histograms, bar charts, pie charts, scatter plots, etc.) are introduced for data description.

Numerical descriptive measures (mean, median, mode, standard deviation) are explained. The book then progresses to probability, discrete and continuous probability distributions (binomial, Poisson, normal, uniform). Sampling distributions are discussed, followed by estimation and hypothesis testing for single and two populations (means, proportions, variances) using various approaches (e.g., independent samples, paired samples).

Analysis of variance (ANOVA) techniques are presented for comparing multiple group means and nonparametric tests are introduced as alternatives. The text concludes with an introduction to business analytics, emphasizing the use of techniques like multiple regression analysis, time series forecasting, and data visualization (e.g., Power BI) throughout business decision-making problems. This book provides a wide range of tools for understanding and analyzing business data.

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David Groebner,Patrick Shannon,Phillip Fry,Business Statistics,Making Approach