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 : 2012-04-09
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 2012-04-09 with Business & Economics 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
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Author : Roger W. Hoerl
language : en
Publisher: John Wiley & Sons
Release Date : 2020-08-11
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 2020-08-11 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 Business, Second Edition responds to the growing recognition that we must change the way business statistics is taught. It shows how statistics is important in all aspects of business and equips students with the skills they need to make sensible use of data and other information. The authors take an interactive, scenario-based approach and use almost no mathematical formulas, opting to use Excel for the technical work. This allows them to focus on using statistics to aid decision-making rather than how to perform routine calculations. New in the Second Edition A completely revised chapter on forecasting Re-arrangement of the material on data presentation with the inclusion of histograms and cumulative line plots A more thorough discussion of the analysis of attribute data Coverage of variable selection and model building in multiple regression End-of-chapter summaries More end-of-chapter problems A variety of case studies throughout the book The second edition also comes with a wealth of ancillary materials provided on downloadable resources packaged with the book. These include automatically-marked multiple-choice questions, answers to questions in the text, data sets, Excel experiments and demonstrations, an introduction to Excel, and the StiBstat Add-In for stem and leaf plots, box plots, distribution plots, control charts and summary statistics.
Improving Performance Through Statistical Thinking
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Author : Galen C. Britz
language : en
Publisher:
Release Date : 2000
Improving Performance Through Statistical Thinking written by Galen C. Britz and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Anvendt statistik categories.
This volume presents a clear and practical explanation of statistical thinking without the typical equations and formulas. It aims to bridge the gap from concept to application by providing step-by-step guidance on how to get started on problems.
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.
Flaws And Fallacies In Statistical Thinking
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Author : Stephen K. Campbell
language : en
Publisher: Courier Corporation
Release Date : 2004-01-01
Flaws And Fallacies In Statistical Thinking written by Stephen K. Campbell and has been published by Courier Corporation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-01-01 with Mathematics categories.
Nontechnical survey helps to improve the ability to judge the quality of statistical evidence and to make better-informed decisions. Discusses common statistical pitfalls: unrealistic estimates, improper comparisons, premature conclusions, and faulty thinking about probability. Playful in tone, accurate in nature; valuable in and out of the classroom. 1974 edition.
Statistical Thinking In Business Second Edition
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Author : J A John
language : en
Publisher: CRC Press
Release Date : 2018-06-28
Statistical Thinking In Business Second Edition 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 2018-06-28 with 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 Business, Second Edition responds to the growing recognition that we must change the way business statistics is taught. It shows how statistics is important in all aspects of business and equips students with the skills they need to make sensible use of data and other information. The authors take an interactive, scenario-based approach and use almost no mathematical formulas, opting to use Excel for the technical work. This allows them to focus on using statistics to aid decision-making rather than how to perform routine calculations.New in the Second Edition A completely revised chapter on forecasting Re-arrangement of the material on data presentation with the inclusion of histograms and cumulative line plots A more thorough discussion of the analysis of attribute data Coverage of variable selection and model building in multiple regression End-of-chapter summaries More end-of-chapter problems A variety of case studies throughout the book The second edition also comes with a wealth of ancillary materials provided on a CD-ROM packaged with the book. These include automatically-marked multiple-choice questions, answers to questions in the text, data sets, Excel experiments and demonstrations, an introduction to Excel, and the StiBstat Add-In for stem and leaf plots, box plots, distribution plots, control charts and summary statistics.
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.
Statistics For Business
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Author : Perumal Mariappan
language : en
Publisher: Chapman & Hall/CRC
Release Date : 2019
Statistics For Business written by Perumal Mariappan and has been published by Chapman & Hall/CRC this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Commercial statistics categories.
Statistics for Business is meant as a textbook for students in business, computer science, bioengineering, environmental technology, and mathematics. In recent years, business statistics is used widely for decision making in business endeavours. It emphasizes statistical applications, statistical model building, and determining the manual solution methods. Special Features: This text is prepared based on "self-taught" method. For most of the methods, the required algorithm is clearly explained using flow-charting methodology. More than 200 solved problems provided. More than 175 end-of-chapter exercises with answers are provided. This allows teachers ample flexibility in adopting the textbook to their individual class plans. This textbook is meant to for beginners and advanced learners as a text in Statistics for Business or Applied Statistics for undergraduate and graduate students. t;/UL> This textbook is meant to for beginners and advanced learners as a text in Statistics for Business or Applied Statistics for undergraduate and graduate students.
Introductory Business Statistics With Computer Applications
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Author : Ronald E. Shiffler
language : en
Publisher: Wadsworth Publishing Company
Release Date : 1994-09
Introductory Business Statistics With Computer Applications written by Ronald E. Shiffler 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 1994-09 with Business & Economics categories.
This text shows students the usefulness of statistics in the context of real-business problems. Because the book combines an intuitive presentation with numerous pedagogical features, students quickly realize the power of statistics without getting lost in the theory. An early introduction to regression has been highly praised for its motivation. Shiffler and Adams have written an easy-to-read, well-motivated and useful text for business students.