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Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card),
6th Edition

David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran

ISBN-13: 9781337115186 | ISBN-10: 1337115185

Copyright 2018

| Published 2017

| 1056 pages

List Price USD $249.95

Overview

Gain a strong conceptual understanding of statistics as MODERN BUSINESS STATISTICS, 6E balances real-world applications with an integrated focus on Microsoft® Excel® 2016. This best-selling, comprehensive book clearly develops each statistical technique in an application setting. The integrated approach focuses on statistical methodology with an easy-to-follow presentation of a statistical procedure followed by a discussion of how to use Excel® to perform the procedure. Step-by-step instructions and screen captures ensure understanding. Business examples, proven methods, and application exercises show how statistical results provide insights into business decisions and help resolve business problems. A problem-scenario approach emphasizes how to apply statistical methods to practical business situations. New case problems and self-tests let you check personal understanding while MindTap and CengageNOW help you master both Excel® 2016 and an understanding of business statistics.

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Meet the Authors

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Dr. David R. Anderson is a leading author and Professor Emeritus of Quantitative Analysis in the College of Business Administration at the University of Cincinnati. He has served as head of the Department of Quantitative Analysis and Operations Management and as Associate Dean of the College of Business Administration. He was also coordinator of the college’s first Executive Program. In addition to introductory statistics for business students, Dr. Anderson has taught graduate-level courses in regression analysis, multivariate analysis, and management science. He also has taught statistical courses at the Department of Labor in Washington, D.C. Dr. Anderson has received numerous honors for excellence in teaching and service to student organizations. He is the co-author of ten well-respected textbooks related to decision sciences and actively consults with businesses in the areas of sampling and statistical methods. Born in Grand Forks, North Dakota, he earned his B.S., M.S., and Ph.D. degrees from Purdue University.

Dennis J. Sweeney is Professor Emeritus of Quantitative Analysis and founder of the Center for Productivity Improvement at the University of Cincinnati. Born in Des Moines, Iowa, he earned a BSBA degree from Drake University and his MBA and DBA degrees from Indiana University, where he was an NDEA Fellow. Professor Sweeney has worked in the management science group at Procter & Gamble and has been a visiting professor at Duke University. Professor Sweeney served as Head of the Department of Quantitative Analysis and four years as Associate Dean of the College of Business Administration at the University of Cincinnati. Professor Sweeney has published more than 30 articles and monographs in the area of management science and statistics. The National Science Foundation, IBM, Procter & Gamble, Federated Department Stores, Kroger and Cincinnati Gas & Electric have funded his research, which has been published in Management Science, Operations Research, Mathematical Programming, Decision Sciences and other journals. Professor Sweeney has co-authored ten textbooks in the areas of statistics, management science, linear programming and production and operations management.

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Dr. Jeffrey D. Camm is the Inmar Presidential Chair and Associate Dean of Business Analytics in the School of Business at Wake Forest University. Born in Cincinnati, Ohio, he holds a B.S. from Xavier University (Ohio) and a Ph.D. from Clemson University. Prior to joining the faculty at Wake Forest, he served on the faculty of the University of Cincinnati. He has also served as a visiting scholar at Stanford University and as a visiting Professor of Business Administration at the Tuck School of Business at Dartmouth College. Dr. Camm has published more than 40 papers in the general area of optimization applied to problems in operations management and marketing. He has published his research in numerous professional journals, including Science, Management Science, Operations Research and Interfaces. Dr. Camm was named the Dornoff Fellow of Teaching Excellence at the University of Cincinnati and he was the 2006 recipient of the INFORMS Prize for the Teaching of Operations Research Practice. A firm believer in practicing what he preaches, he has served as an operations research consultant to numerous companies and government agencies. From 2005 to 2010 he served as editor-in-chief of Interfaces. In 2016, Dr. Camm received the George E. Kimball Medal for service to the operations research profession and in 2017 he was named an INFORMS Fellow.

James J. Cochran is Associate Dean for Research, Professor of Applied Statistics and the Rogers-Spivey Faculty Fellow at The University of Alabama. Born in Dayton, Ohio, he earned his B.S., M.S., and M.B.A. from Wright State University and his Ph.D. from the University of Cincinnati. He has been at The University of Alabama since 2014 and has been a visiting scholar at Stanford University, Universidad de Talca, the University of South Africa and Pole Universitaire Leonard de Vinci. Dr. Cochran has published more than 40 papers in the development and application of operations research and statistical methods. He has published in several journals, including Management Science, The American Statistician, Communications in Statistics—Theory and Methods, Annals of Operations Research, European Journal of Operational Research, Journal of Combinatorial Optimization, Interfaces and Statistics and Probability Letters. He received the 2008 INFORMS Prize for the Teaching of Operations Research Practice, 2010 Mu Sigma Rho Statistical Education Award and 2016 Waller Distinguished Teaching Career Award from the American Statistical Association. Dr. Cochran was elected to the International Statistics Institute in 2005, was named a Fellow of the American Statistical Association in 2011 and was named a Fellow of INFORMS in 2017. He received the Founders Award in 2014, the Karl E. Peace Award in 2015 from the American Statistical Association and the INFORMS President’s Award in 2019. A strong advocate for effective operations research and statistics education as a means of improving the quality of applications to real problems, Dr. Cochran has chaired teaching effectiveness workshops around the globe. He has served as operations research consultant to numerous companies and not-for-profit organizations.

  • NEW, ADDITIONAL CASE PROBLEMS PROVIDE MORE PRACTICE ANALYZING AND PREPARING REPORTS. This edition includes 11 new case problems to challenge your students. The 30 case problems in the text provide students with the opportunity to analyze somewhat larger data sets and to prepare managerial reports based on the results of their analyses.
  • UPDATED AND IMPROVED END-OF-CHAPTER SOLUTIONS AND SOLUTIONS MANUAL ENSURE ACCURATE, TRUSTED ANSWERS. The authors have carefully reviewed and reworked, when needed, every question and solution in this edition's end-of chapter solutions and solutions manual. The solutions now boast higher accuracy and contain additional details to assist in efficient grading. You'll find improved rounding instructions, expanded explanations with a student-focus, and alternative answers using Excel and a statistical calculator.
  • INTEGRATED MICROSOFT® EXCEL® 2016 FEATURES STEP-BY-STEP INSTRUCTIONS AND SCREEN CAPTURES. These visuals and instructions clearly demonstrate how to use the latest version of Excel® to implement statistical procedures. Students learn how Excel's new recommended PivotTables tool and new Recommended Chart tool are extremely useful in developing tabular and graphical displays.
  • STATISTICS IN PRACTICE CHAPTER OPENERS IMMEDIATELY EMPHASIZE THE PRACTICAL VALUE OF THE INFORMATION STUDENTS ARE LEARNING. Statistics in Practice chapter openers highlight intriguing scenarios from companies such as Citibank and Procter & Gamble and clearly demonstrate the value of statistics in everyday business situations. These high-interest openers draw students into the chapter information that follows.
  • ADDITIONAL CONTENT NOW EMPHASIZES THE PRACTICAL IMPLICATIONS OF BIG DATA ON CONFIDENCE INTERVALS. New insights and coverage in this edition's revised Chapter 8 highlight how today's big data impacts confidence intervals.
  • PROVEN SELF-TEST EXERCISES ENSURE STUDENT UNDERSTANDING: Completely worked-out solutions for specific exercises appear in an appendix at the end of the book. Students can complete the self-test exercises and immediately check their solutions to evaluate their understanding of the concepts presented in the chapter.
  • POWERFUL EXAMPLES AND EXERCISES MAKE CONCEPTS REAL AND MEMORABLE FOR STUDENTS. A well-known strength of this author team, exceptional exercises and examples throughout this edition are strengthened with more real data from sources such as the Census Bureau and the Wall Street Journal. Exercises drawn from real events encourage students to learn the statistical methodology and apply real data to problems. Approximately 140 new examples and exercises have been added to the book's more than 980 exercises.
  • REVISED, CLEAR COVERAGE EMPHASIZES HOW TO USE BOXPLOTS WITHIN EXCEL 2016. Chapter 3 offers new, additional coverage that details how to use Excel 2016 to create boxplots and comparative boxplots.
  • REVISED CONTENT IN CHAPTER 1 CLEARLY INTRODUCES ANALYTICS. A new section on analytics describes what analytics is, the types of analytics used in business today and how this relates to statistics. An expanded section on data mining in this initial chapter includes a discussion of big data and how businesses use data mining for competitive advantage.
  • MINDTAP® COMPLETE DIGITAL SOLUTION NOW FEATURES ALL-NEW EXCEL ONLINE INTEGRATION POWERED BY MICROSOFT®. Ideal for your business statistics course, MindTap® takes students from learning basic statistical concepts to actively engaging in critical thinking applications, while learning valuable software skills for their future careers. MindTap® is a customizable digital course solution that includes an interactive eBook and auto-graded, algorithmic exercises from the textbook. All of these materials offer students better access that enable them to truly master the materials in your course.
  • CENGAGENOW™ FULLY INTEGRATED ONLINE TEACHING AND LEARNING SYSTEM SAVES TIME WHILE ENSURING STUDENT MASTERY. This innovative course management system combines the best of current technology to help you plan your course, manage and automatically grade extensive homework and student assignments. You teach with the latest built-in technology support and test students using a customized test bank. Personalized study plans for each student help reinforce student comprehension and reduce questions.
  • NEW SECTION HIGHLIGHTS THE PRACTICAL IMPLICATIONS OF BIG DATA ON SAMPLING ERROR. This new content in Chapter 7 now discusses big data in detail.
  • AUTHORS EQUALLY EMPHASIZE METHODS AND APPLICATIONS. This experienced author team strikes an appropriate balance as Methods Exercises at the end of each section require students to use formulas and make necessary computations. In addition, practical Application Exercises ask students to apply the chapter material to address real-world problems.
  • NEW CONTENT NOW DETAILS THE PRACTICAL IMPLICATIONS OF BIG DATA ON HYPOTHESIS TESTING. The authors have added coverage within this edition's revised Chapter 9 that emphasizes how use of big data can impact hypothesis testing.
  • NEW EXCEL® 2016 PRIMER ADDRESSES BASIC OPERATIONS FOR STUDENTS WHO NEED REVIEW OR ADDITIONAL INSTRUCTION. This new section of material -- "Microsoft Excel 2016 Tools for Statistical Analysis" -- appears as an appendix at the end of the book. Content emphasizes basic Excel® operations and discusses how to open and save workbooks, copy and paste, and enter formulas.
  • TRUSTED TEAM OF EXPERT AUTHORS ENSURE A QUALITY, PRACTICALLY FOCUSED PRESENTATION. As respected leaders and active consultants in the fields of business and statistics, Anderson, Sweeney, Williams, Camm and Cochran provide an accurate presentation of statistical concepts you can trust with every edition. They use their teaching experience to provide a cohesive, student-friendly writing approach. To ensure accuracy, the authors triple-check all problems and examples themselves.

Table of Contents

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1. Data and Statistics.
2. Descriptive Statistics: Tabular and Graphical Displays.
3. Descriptive Statistics: Numerical Measures.
4. Introduction to Probability.
5. Discrete Probability Distributions.
6. Continuous Probability Distributions.
7. Sampling and Sampling Distributions.
8. Interval Estimation.
9. Hypothesis Tests.
10. Statistical Inferences About Means and Proportions with Two Populations.
11. Inferences About Population Variances.
12. Comparing Multiple Proportions, Test of Independence and Goodness of Fit.
13. Experimental Design and Analysis of Variance.
14. Simple Linear Regression.
15. Multiple Regression.
16. Regression Analysis: Model Building.
17. Time Series Analysis and Forecasting.
18. Nonparametric Methods.
19. Statistical Methods for Quality Control.
20. Decision Analysis (online).
21. Sample Survey (online).
Appendix A: References and Bibliography.
Appendix B: Tables.
Appendix C: Summation Notation.
Appendix D: Self-Test Solutions and Answers to Even-Numbered Exercises (online).
Appendix E: Microsoft Excel 2016 and Tools for Statistical Analysis.

Cengage provides a range of supplements that are updated in coordination with the main title selection. For more information about these supplements, contact your Learning Consultant.

Solutions Manual for Anderson/Sweeney/Williams/Camm/Cochran's Modern Business Statistics with Microsoft® Office Excel®, 6th

ISBN13:9781337115223
ISBN10:1337115223
Every question and solution was reviewed and reworked, as needed. The solutions now boast higher accuracy and contain the following additional details: improved rounding instructions; expanded explanations with a student-focus; and alternative answers using Excel and a statistical calculator.

Website for Anderson/Sweeney/Williams/Camm/Cochran's Modern Business Statistics with Microsoft® Office Excel®, 6th

ISBN13:9781337115230
ISBN10:1337115231
Find all of the time-saving resources you need to support your course at your fingertips with this helpful Student Instructor Companion Site.

Cengage Testing, powered by Cognero® for Anderson/Sweeney/Williams/Camm/Cochran's Modern Business Statistics with Microsoft® Office Excel®

ISBN13:9781337115247
ISBN10:133711524X
Cengage Learning Testing, powered by Cognero

Cengage Testing, powered by Cognero® for Anderson/Sweeney/Williams/Camm/Cochran's Modern Business Statistics with Microsoft® Office Excel®, Instant Access

ISBN13:9781337115254
ISBN10:1337115258
Cengage Learning Testing, powered by Cognero®, is a flexible, online system that allows you to: import, edit, and manipulate content from the text's test bank or elsewhere, including your own favorite test questions. Create multiple test versions in an instant and deliver tests from your LMS, your classroom, or wherever you want.

XLSTAT Education Edition, 2 terms (12 Months) Instant Access for Anderson/Sweeney/Williams/Camm/Cochran's Modern Business Statistics with Microsoft® Office Excel®

ISBN13:9781337390453
ISBN10:1337390453
This commercially available software Excel add-in is useful not only in this course, but also in your career after graduation.

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Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card)

  • ISBN-10: 1337115185
  • ISBN-13: 9781337115186

Price USD$ 249.95

eBook: Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) 12Months

  • ISBN-10: 8000028786
  • ISBN-13: 9788000028781

Price USD$ 41.99

MindTap: Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) 12Months

  • ISBN-10: 1337363529
  • ISBN-13: 9781337363525

Price USD$ 145.00

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