Book Description:
Master business statistics with “Business Statistics in Practice: Using Data, Modeling, and Analytics” by Bowerman, O’Connell, and Murphree. Delve into data collection, visualization, and advanced analytics, essential for both students and professionals.
Business Statistics in Practice: Using Data, Modeling, and Analytics
- Author: Bruce L. Bowerman, Richard T. O’Connell, Emilly S. Murphree
- ISBN: 978-1260187496
- Publisher: McGraw-Hill Education
Introduction:
“Business Statistics in Practice: Using Data, Modeling, and Analytics” offers a thorough exploration of statistical fundamentals, tailored for both undergraduate and graduate students. This book emphasizes practical statistical applications, ensuring a clear connection between theoretical concepts and their uses in real-world scenarios.
Through comprehensive discussions on topics such as data collection, visualization, probability distributions, hypothesis testing, regression analysis, and time series analysis, the book equips readers with the necessary tools to analyze and interpret data effectively. Additional insights into the ethical and legal aspects of data usage further prepare students and professionals for the complexities of contemporary data handling.
This textbook is not only a fundamental resource for students aiming to solidify their understanding of business statistics but also serves as an up-to-date reference for professionals needing to grasp the implications of statistical methods in business environments.