Statistics for Business and Economics (with Bind-In Card)

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Author: David R. Anderson

ISBN-10: 0324783248

ISBN-13: 9780324783247

Category: Economic Reference

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Intended for undergraduates studying business administration or economics, this textbook serves as a conceptual introduction to the field of statistics. Topics include data, descriptive statistics, probability, sampling, interval estimation, hypothesis testing, variance, regression, forecasting, nonparametric methods, and decision analysis. The text emphasizes applications--especially applications of data analysis--and assumes mathematical knowledge only at the level of algebra. The authors teach at the University of Cincinnati and the Rochester Institute of Technology. Annotation ©2004 Book News, Inc., Portland, OR

Ch. 1Data, Measurement, and Statistics1Statistics in Practice: Kings Island, Inc.21.1Statistical Applications in Business and Economics31.2Data51.3Scales of Measurement51.4Data Acquisition111.5Descriptive Statistics141.6Statistical Inference15Ch. 2Descriptive Statistics I. Tabular and Graphical Approaches23Statistics in Practice: Colgate-Palmolive Company242.1Summarizing Qualitative Data252.2Summarizing Quantitative Data302.3The Role of the Computer382.4Exploratory Data Analysis42Ch. 3Descriptive Statistics II: Measures of Location and Dispersion55Statistics in Practice: Barnes Hospital563.1Measures of Location573.2Measures of Dispersion663.3Some Uses of the Mean and the Standard Deviation733.4Exploratory Data Analysis783.5The Role of the Computer823.6Computing Measures of Location and Dispersion for Grouped Data (Optional)85Ch. 4Introduction to Probability98Statistics in Practice: Morton International994.1Experiments, the Sample Space, and Counting Rules1004.2Assigning Probabilities to Experimental Outcomes1064.3Events and Their Probabilities1114.4Some Basic Relationships of Probability1144.5Conditional Probability1204.6Bayes' Theorem128Ch. 5Discrete Probability Distributions142Statistics in Practice: Xerox Corporation1435.1Random Variables1445.2Discrete Probability Distributions1465.3Expected Value and Variance1495.4The Binomial Probability Distribution1545.5The Poisson Probability Distribution1655.6The Hypergeometric Probability Distribution169Ch. 6Continuous Probability Distributions177Statistics in Practice: Procter & Gamble1786.1The Uniform Probability Distribution1796.2The Normal Probability Distribution1836.3The Exponential Probability Distribution199Ch. 7Sampling and Sampling Distributions207Statistics in Practice: Mead Corporation2087.1The Electronics Associates Sampling Problem2107.2Simple Random Sampling2107.3Point Estimation2167.4Introduction to Sampling Distributions2197.5Sampling Distribution of [actual symbol not reproducible]2237.6Sampling Distribution of [actual symbol not reproducible]2347.7Properties of Point Estimators239Appendix: The Expected Value and Standard Deviation of [actual symbol not reproducible]247Ch. 8Interval Estimation250Statistics in Practice: Dollar General Corporation2518.1Interval Estimation of a Population Mean: Large-Sample Case2528.2Interval Estimation of a Population Mean: Small-Sample Case2618.3Determining the Sample Size2698.4Interval Estimation of a Population Proportion272Ch. 9Hypothesis Testing284Statistics in Practice: Harris Corporation2859.1Developing Null and Alternative Hypotheses2869.2Type I and Type II Errors2899.3One-Tailed Hypothesis Tests About a Population Mean: Large-Sample Case2919.4Two-Tailed Hypothesis Tests About a Population Mean: Large-Sample Case3019.5Hypothesis Tests about a Population Mean: Small-Sample Case3089.6Hypothesis Tests about a Population Proportion3139.7Hypothesis Testing and Decision Making3199.8Calculating the Probability of Type II Errors3209.9Determining the Sample Size for a Hypothesis Test about a Population Mean325Ch. 10Statistical Inference about Means and Proportions With Two Populations336Statistics in Practice: Pennwalt Corporation33710.1Estimation of the Difference between the Means of Two Populations: Independent Samples33810.2Hypothesis: Tests about the Difference between the Means of Two Populations: Independent Samples34710.3Inferences about the Difference between the Means of Two Populations: Matched Samples35410.4Inferences about the Difference between the Proportions of Two Populations359Ch. 11Inferences about Population Variances370Statistics in Practice: U.S. General Accounting Office37111.1