Essentials of Business Statistics

Essentials of Business Statistics

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This book covers the basic concepts of business statistics and data analysis integrated in a contemporary spreadsheet environment. The authors emphasize practical applications and business decision-making. A concise approach covers the essential topics including displaying and summarizing data, random variables and probability distributions, sampling and statistical inference, regression analysis, forecasting, statistical quality control, and risk analysis and Monte-Carlo simulation. For an understanding of business statistics and how to solve business problems related to this subject matter.Recently, however, many organizations, including General Electric, Allied Signal, and Ford Motor Company just to name a few, are implementing ... A manual numbering system dating back to World War II bomber days was used to keep track of an airplanea#39;s 4 million parts and 170 miles of wiring; changing a part on a 737a#39;s landing gear meant renumbering 464 pages of drawings. ... Data that organizations use should focus on critical success factors that lead to competitive advantage.

Title:Essentials of Business Statistics
Author:James R. Evans
Publisher: - 2002-08-01


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