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Applied Statistics for Business and Economics (Paperback)
Loot Price: R1,867
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Applied Statistics for Business and Economics (Paperback)
Expected to ship within 12 - 17 working days
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Designed for a one-semester course, Applied Statistics for Business
and Economics offers students in business and the social sciences
an effective introduction to some of the most basic and powerful
techniques available for understanding their world. Numerous
interesting and important examples reflect real-life situations,
stimulating students to think realistically in tackling these
problems. Calculations can be performed using any standard
spreadsheet package. To help with the examples, the author offers
both actual and hypothetical databases on his website
http://iwu.edu/~bleekley The text explores ways to describe data
and the relationships found in data. It covers basic probability
tools, Bayes' theorem, sampling, estimation, and confidence
intervals. The text also discusses hypothesis testing for one and
two samples, contingency tables, goodness-of-fit, analysis of
variance, and population variances. In addition, the author
develops the concepts behind the linear relationship between two
numeric variables (simple regression) as well as the potentially
nonlinear relationships among more than two variables (multiple
regression). The final chapter introduces classical time-series
analysis and how it applies to business and economics. This text
provides a practical understanding of the value of statistics in
the real world. After reading the book, students will be able to
summarize data in insightful ways using charts, graphs, and summary
statistics as well as make inferences from samples, especially
about relationships.
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