Title
Statistical Thinking in Business,Used
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Business students need the ability to think statistically about how to deal with uncertainty and its effect on decisionmaking in business and management. Traditional statistics courses and textbooks tend to focus on probability, mathematical detail, and heavy computation, and thus fail to meet the needs of future managers.Statistical Thinking in Business, Second Edition responds to the growing recognition that we must change the way business statistics is taught. It shows how statistics is important in all aspects of business and equips students with the skills they need to make sensible use of data and other information. The authors take an interactive, scenariobased approach and use almost no mathematical formulas, opting to use Excel for the technical work. This allows them to focus on using statistics to aid decisionmaking rather than how to perform routine calculations.New in the Second Edition A completely revised chapter on forecasting Rearrangement of the material on data presentation with the inclusion of histograms and cumulative line plots A more thorough discussion of the analysis of attribute data Coverage of variable selection and model building in multiple regression Endofchapter summaries More endofchapter problems A variety of case studies throughout the bookThe second edition also comes with a wealth of ancillary materials provided on downloadable resources packaged with the book. These include automaticallymarked multiplechoice questions, answers to questions in the text, data sets, Excel experiments and demonstrations, an introduction to Excel, and the StiBstat AddIn for stem and leaf plots, box plots, distribution plots, control charts and summary statistics.
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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
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To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Frequently Asked Questions
- Q: What is the main focus of 'Statistical Thinking in Business'? A: The main focus of 'Statistical Thinking in Business' is to equip business students with the ability to think statistically about uncertainty and its impact on decision-making in management. It emphasizes practical applications of statistics rather than mathematical formulas.
- Q: Who is the author of 'Statistical Thinking in Business'? A: 'Statistical Thinking in Business' is authored by J. A. John, who aims to provide an interactive and scenario-based approach to learning statistics.
- Q: What are the key features of the second edition of this book? A: Key features of the second edition include a revised chapter on forecasting, improved material on data presentation, more thorough discussions on attribute data analysis, variable selection in regression, end-of-chapter summaries, and a variety of case studies.
- Q: Is this book suitable for beginners in statistics? A: Yes, this book is suitable for beginners as it uses minimal mathematical formulas and focuses on real-world applications, making it accessible for students without a strong background in statistics.
- Q: What supplementary material comes with the second edition? A: The second edition includes supplementary materials such as automatically-marked multiple-choice questions, answers to text questions, data sets, Excel demonstrations, and an introduction to Excel.
- Q: How many pages are in 'Statistical Thinking in Business'? A: 'Statistical Thinking in Business' contains a total of 408 pages, offering comprehensive coverage of business statistics.
- Q: What type of binding does this book have? A: This book is available in paperback binding, making it convenient for both reading and referencing.
- Q: When was 'Statistical Thinking in Business' published? A: 'Statistical Thinking in Business' was published on August 29, 2005, and is currently in its second edition.
- Q: What condition is the book in? A: The book is listed as 'New', indicating it has not been previously used and is in excellent condition.
- Q: Does this book cover advanced statistical methods? A: While it covers essential statistical methods relevant to business, 'Statistical Thinking in Business' prioritizes practical decision-making over advanced statistical theories, making it ideal for future managers.