This text employs the latest ideas in teaching business statistics
and follows the philosophy espoused at the conference "Making
Statistics More Effective in Schools of Business" (MSMESB). It
emphasizes modern statistical methods and data analysis with a
decreased emphasis on classical hypothesis testing and probability.
It presents a problem-solving approach to the analysis of real data
sets and procedures for data collection, design, and
interpretation. It covers statistics in the context of the
scientific method for problem recognition, problem formulation, and
problem solving. Concrete examples of statistical techniques and
computer use give students a practical framework of business
statistics in practice.
General
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