Statistical Thinking In Business
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Statistical Thinking
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Author : Roger W. Hoerl
language : en
Publisher: John Wiley & Sons
Release Date : 2020-08-25
Statistical Thinking written by Roger W. Hoerl and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-08-25 with Business & Economics categories.
Apply statistics in business to achieve performance improvement Statistical Thinking: Improving Business Performance, 3rd Edition helps managers understand the role of statistics in implementing business improvements. It guides professionals who are learning statistics in order to improve performance in business and industry. It also helps graduate and undergraduate students understand the strategic value of data and statistics in arriving at real business solutions. Instruction in the book is based on principles of effective learning, established by educational and behavioral research. The authors cover both practical examples and underlying theory, both the big picture and necessary details. Readers gain a conceptual understanding and the ability to perform actionable analyses. They are introduced to data skills to improve business processes, including collecting the appropriate data, identifying existing data limitations, and analyzing data graphically. The authors also provide an in-depth look at JMP software, including its purpose, capabilities, and techniques for use. Updates to this edition include: A new chapter on data, assessing data pedigree (quality), and acquisition tools Discussion of the relationship between statistical thinking and data science Explanation of the proper role and interpretation of p-values (understanding of the dangers of “p-hacking”) Differentiation between practical and statistical significance Introduction of the emerging discipline of statistical engineering Explanation of the proper role of subject matter theory in order to identify causal relationships A holistic framework for variation that includes outliers, in addition to systematic and random variation Revised chapters based on significant teaching experience Content enhancements based on student input This book helps readers understand the role of statistics in business before they embark on learning statistical techniques.
Statistical Thinking In Business
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Author : J. A. John
language : en
Publisher: CRC Press
Release Date : 2005-08-29
Statistical Thinking In Business written by J. A. John and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-08-29 with Business & Economics categories.
Business students need the ability to think statistically about how to deal with uncertainty and its effect on decision-making in business and management. Traditional statistics courses and textbooks tend to focus on probability, mathematical detail, and heavy computation, and thus fail to meet the needs of future managers. Statistical Thinking in
Statistical Thinking In Business
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Author : J. A. John
language : en
Publisher:
Release Date : 2006
Statistical Thinking In Business written by J. A. John and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Mathematical statistics categories.
Statistical Thinking
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Author : Roger Hoerl
language : en
Publisher: Duxbury Resource Center
Release Date : 2002
Statistical Thinking written by Roger Hoerl and has been published by Duxbury Resource Center this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.
This innovative book teaches students to understand the strategic value of data and statistics in solving real business problems. Following principles of effective learning identified by educational and behavioral research, the instruction proceeds from tangible examples to abstract theory; from the big picture, or "whole," to details, or "parts"; and from a conceptual understanding to ability to perform specific tasks. While the computer is used for computational details, the authors describe the role of statistical thinking and methods for problem solving and process improvement to encourage use of the tools. Hoerl and Snee also teach skills to improve business processes, including collecting data appropriate for a specified purpose, recognizing limitations in existing data, graphically analyzing data using basic tools, deriving actionable conclusions from data analyses, and understanding the limitations of statistical analyses. In summary, the authors demonstrate that statistical thinking and methodology can help students be more valuable and effective in their chosen careers.
Statistical Thinking
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Author : Roger Wesley Hoerl
language : en
Publisher:
Release Date : 2012
Statistical Thinking written by Roger Wesley Hoerl and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Commercial statistics categories.
"How statistical thinking and methodology can help you make crucial business decisions. Straightforward and insightful, Statistical Thinking: Improving Business Performance, Second Edition, prepares you for business leadership by developing your capacity to apply statistical thinking to improve business processes. Unique and compelling, this book shows you how to derive actionable conclusions from data analysis, solve real problems, and improve real processes. Here, you'll discover how to implement statistical thinking and methodology in your work to improve business performance. Explores why statistical thinking is necessary and helpful. Provides case studies that illustrate how to integrate several statistical tools into the decision-making process. Facilitates and encourages an experiential learning environment to enable you to apply material to actual problems. With an in-depth discussion of JMP software, the new edition of this important book focuses on skills to improve business processes, including collecting data appropriate for a specified purpose, recognizing limitations in existing data, and understanding the limitations of statistical analyses"--
Statistical Thinking For Managers
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Author : J.A. John
language : en
Publisher: CRC Press
Release Date : 2001-06-28
Statistical Thinking For Managers written by J.A. John and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-06-28 with Mathematics categories.
All business activities are subject to variability. As a consequence, managers and business students need the ability to think statistically about how to deal with the resulting uncertainty and its effect on decision-making in management and commerce. To give them that ability, there is a growing recognition that we must change the way business statistics is taught. Traditional texts tend to focus on probability, mathematical detail, and heavy computation, and thus fail to meet the real needs of future business managers. Statistical Thinking for Managers takes a very different, very practical, approach that presents even sophisticated statistics concepts with a minimum of mathematics. It focuses on statistical thinking and discusses a range of topics that specifically apply to managers in business. Its scenario-based, interactive format and integrated use of Excel facilitate and reinforce the learning experience. Through this innovative treatment, readers will gain the ability to: " Appreciate basic statistical ideas " Use a scientific approach to problem solving " Understand the nature of variability " Use meaningful information to make informed decisions " Think in terms of processes and systems and develop strategies for process improvement Designed as an introductory text in business statistics, Statistical Thinking for Managers challenges the way students look at business problems and issues. It shows them the importance of statistics in all aspects of business and equips them with the skills they need to make informed and effective decisions.
An Introduction To Statistical Analysis For Business And Industry
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Author : Michael Stuart
language : en
Publisher: Wiley
Release Date : 2010-07-13
An Introduction To Statistical Analysis For Business And Industry written by Michael Stuart and has been published by Wiley this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-07-13 with Mathematics categories.
This is an introductory statistics textbook for business and management students which uses the innovative approach of 'statistical thinking'. Statistics courses are essential for business students but traditional teaching methods are often seen as difficult and are therefore unpopular; this book aims to offer a new and more appealing way of learning to this market. 'An Introduction to Statistical Analysis for Business and Industry' presents a new and innovative introduction to statistics which trains students directly to address problems which commonly arise in business and industry. Having read and worked through the book and its accompanying manual, students should have the essential skills necessary to apply statistical thinking in business and be able to: –recognise statistical variation in processes, –apply a statistical problem-solving strategy for process improvement, –select and apply appropriate methods of statistical analysis.
A First Course In Business Statistics Student Solutions Manual
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Author : Nancy S. Boudreau
language : en
Publisher: Prentice Hall
Release Date : 2000-12
A First Course In Business Statistics Student Solutions Manual written by Nancy S. Boudreau and has been published by Prentice Hall this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-12 with Business & Economics categories.
A First Course In Business Statistics
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Author : James T. McClave
language : en
Publisher: Simon & Schuster Books For Young Readers
Release Date : 1995-01
A First Course In Business Statistics written by James T. McClave and has been published by Simon & Schuster Books For Young Readers this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-01 with Commercial statistics categories.
Provides an introduction to statistics for business and economics with extensive coverage of data collection and analysis as needed to evaluate the reported results of statistical studies and to make good business decisions. It stresses the development of statistical thinking, the assessment of credibility and value of the inferences made from data -- both by those who consume and those who produce them -- and features numerous case studies, examples, and exercises -- all drawing on real business situations and recent economic events.
An Introduction To Modern Business Statistics
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Author : George C. Canavos
language : en
Publisher: Wadsworth Publishing Company
Release Date : 1993-01
An Introduction To Modern Business Statistics written by George C. Canavos and has been published by Wadsworth Publishing Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-01 with Analysis of variance categories.
By emphasizing statistical - and managerial - thinking in this book, the authors show how to evaluate the source and quality of their data, as well as what they hope to extract from it. It presents statistical concepts and techniques as a body of knowledge, rather than merely a collection of tools. As they stress statistical thinking the authors aim to teach students to approach statistics as statisticians do. Concepts evolve naturally from previous material, helping students retain and relate to the information. The authors integrate the theme of Statistical Quality Control or Statistical Process Control throughout the entire text. Using this approach, Canavos and Miller aim to teach students to think critically about statistics, and its application to business decision making, as well as how to measure and improve quality and efficiency, and how to be more competitive in the marketplace.