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Statistics for Business: Decision Making and Analysis

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  • Author(s)Robert Stine / Dean Foster
  • Edition3
  • Published5th January 2017
  • PublisherPearson Education Heg USA
  • ISBN9780134497167
  • University course codes

For one- and two-semester courses in introductory business statistics.


The 3rd Edition of Statistics for Business: Decision Making and Analysis emphasises an application-based approach, in which students learn how to work with data to make decisions. In this contemporary presentation of business statistics, students learn how to approach business decisions through a 4M Analytics decision making strategy–motivation, method, mechanics and message–to better understand how a business context motivates the statistical process and how the results inform a course of action. Each chapter includes hints on using Excel, Minitab Express, and JMP for calculations, pointing the student in the right direction to get started with analysis of data.



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