Statistics for Business & Economics (14 Edition)

Specifications

Book Description

For beginning business statistics courses that range from one to two semesters in length.

For use in classes on the fundamentals of business statistics. Real data. Real decisions. The meat of the matter. The book Statistics for Business and Economics by McClave, Benson, and Sincich provides an introduction to statistics while situating it within the framework of modern-day business. The use of inference is highlighted, and a comprehensive discussion of data gathering and analysis is provided, both of which are required in order to evaluate the results of statistical studies that have been presented and to make sound decisions. The authors illustrate the topics with examples from actual life. Technology is utilized to assist students in developing statistical thinking and understanding the evaluation of the reliability and usefulness of the conclusions made from data, and this applies to both those who consume the data and those who provide it. The concept of ethical, data-driven decision making remains a primary focus of the 14th Edition.