Business Statistics: Contemporary Decision Making

This new edition continues presenting the concepts of statistics in a setting of business decision making through the use of real business data and applications. The text is targeted at the large majority of readers who likely will not be statisticians but rather will become decision makers in the business community and will need the quantitative decision-making skills and statistical understanding to perform well in the business world. From the creation of this text, it was intended to expose the reader to statistics through the process of having read the text and explored its problem sets. To this end, real data and examples from the business environment are virtually everywhere. The main objective of this edition is to create a blending of statistics with the world of business to provide a seamless partnership in better business decision making.