Statistics, Data Analysis, and Decision Modeling

9780131886117: Statistics, Data Analysis, and Decision Modeling

This Student CD-ROM is packaged with all new copies of the textbook at no additional charge. It contains - all the data files and model files associated with the textbook problems and exercises - the PHStat program (an Excel Plug-in for statistical analysis) - Crystal Ball (an Excel add-in package for risk analysis) - TreePlan (a decision analysis add-in) and an associated instructional document - SimQuick (also Excel-based -- is used for process simulation) - Premium Solver (a more powerful version of MS Excel's Solver)

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Unique in approach, this short, basic introduction to business statistics focuses on the practical applications of data analysis to business decision making in an electronic spreadsheet environment. It uses a comprehensive database (in the form of a Microsoft Excel Workbook) for a fictitious company to illustrate techniques and methodology as well as to provide a source of problems and exercises in a unified business context. Other spreadsheet add-ins--PHStat; a student version of Crystal Ball; and Treeplan--are also used for additional analysis capability. An accompanying CD-ROM contains the database, additional files, the student version of Crystal Ball, and Treeplan software and documentation. Data Analysis and Business Decisions. Displaying and Summarizing Data. Random Variables and Probability Distributions. Sampling and Statistical Analysis for Decision Making. Statistical Quality Control. Regression Analysis. Forecasting. Selection Models and Risk Analysis. Optimization. For anyone needing a quick, hands-on, applied introduction to business statistics in the contemporary electronic spreadsheet environment.

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